Early trading analysis on July 19th
Market review: The overall market fluctuated as expected during the day, and has been falling and fluctuating slightly. It dipped twice in the early morning and broke the previous low. The pin was at the 29512 line, but it did not stabilize. The support level below was always strong and bottomed out. At present, It has returned to oscillation near 30,000.
From a four-hour perspective, the Bollinger Bands are in a scattered state, and the K line runs downward along the lower track in a stair-step state. Although the lower support level continues to move downward, it has not completely broken. At present, KDJ is closing, and MACD bulls have been accumulating strength. Large volume, although the currency price has been declining recently, the market outlook is still optimistic about the outbreak of the bullish trend.
Big pie: long 29800-30100, target 30400-30600
Ether: long between 1900-1880, target 1940-1980
Market review: The overall market fluctuated as expected during the day, and has been falling and fluctuating slightly. It dipped twice in the early morning and broke the previous low. The pin was at the 29512 line, but it did not stabilize. The support level below was always strong and bottomed out. At present, It has returned to oscillation near 30,000.
From a four-hour perspective, the Bollinger Bands are in a scattered state, and the K line runs downward along the lower track in a stair-step state. Although the lower support level continues to move downward, it has not completely broken. At present, KDJ is closing, and MACD bulls have been accumulating strength. Large volume, although the currency price has been declining recently, the market outlook is still optimistic about the outbreak of the bullish trend.
Big pie: long 29800-30100, target 30400-30600
Ether: long between 1900-1880, target 1940-1980