At the close of the new week, the current price ratio continues to be suppressed by the MA5 10-day moving average, and KDJ and MACD maintain a bearish sentiment. However, the MA 30-day moving average continues to rise, which also shows that there is strong support below. If the price ratio does not break this position, there will be little room below. Combined with the 35-day line, the price ratio will test the upper pressure again this week and then start the range adjustment. (The key suppression area is 1780-1800) Weekly K is used as a reference and is mainly analyzed on a daily basis.
On the daily line, the MA10 daily line is still maintaining a slight downward pressure trend, the MA5 daily moving average is slightly rising, the KDJ is crossing upward, and the MACD is running with a shrinking volume below the zero axis. The indicators are still adjusting, but the BOLL band middle track and the MA30 daily moving average are still maintaining a downward trend, which also shows that there is a strong suppression above the current daily line. If the upper suppression cannot be broken during the day, the price is still at risk of falling. The daily line is mainly used for reference in 4 hours.
The 4-hour MA5 and 10-day moving averages resonate and go down, MACD continues to shrink, and the KDJ three lines remain at the bottom and run smoothly. Once the short-selling sentiment takes effect again, the intraday price is expected to test the 1700 line again. Combined with the short-term view, the overall intraday trend is in a small range. In terms of operations, we just need to maintain a high altitude view.
Cao's idea: 1725-35 1760 to cover the position 1705-1685 is the target and the stop is 1770
Big cake: 26450-550 26700 to cover the position Target 26100-25800 Stop: 26800
It is expected to be sufficient for the current trend. Please see here first and follow up later~ #合约锦标赛 #BRC20
