Afternoon market analysis
After a slight pullback at midnight, the market started to rise again. After opening in the morning, it directly broke through the pressure area of yesterday's high point and came to the 71360 line. The pullback was not strong and it is still above 71000! In the morning, it was also a long position after successfully taking 800 points, waiting for the next wave of long opportunities! If you want to seize the opportunity, come and find it!
The remaining three trading days this week can be said to be crucial. Tonight, the US ADP employment data for May, the previous value is 192,000, and the forecast is 175,000; the US initial jobless claims for the week ending June 1 on Thursday; the US seasonally adjusted non-farm employment data for May on Friday. One more important news is about to be announced. The ADP data is called the "small non-farm", which has a certain reference value for the non-farm on Friday night!
From the technical structure, the level has stabilized above the moving average. After the daily line stepped back to the middle rail support, it quickly rose for two consecutive days. After the 5/10-day MA moving average crossed, it opened upward, forming a short-term support below. The level was supported by the moving average and moved upward. It is still very strong. At present, there is still a lot of energy to continue to move upward. First pay attention to the pressure area of the previous high point of 72,000!
In short-term operations, the four-hour level convergence triangle pattern broke up as expected. What needs to be paid attention to is the stepping back after breaking up. If it can smoothly stand above 71,000, there is naturally no such thing as stepping back, but if it can't, there is a greater probability of stepping back to test the support!
Operation ideas for Wednesday afternoon
Bitcoin stepped back to 70,500 to go long, look at 72,000, and defend 69,788
Ethereum 3780-3790 area to go long, look at 3920, and defend 3738
I am Langdao, I hope everyone trades smoothly! Transaction is smooth! $BTC $ETH $BNB #bnb历史新高 #山寨季何时到来？ #5月非农数据即将公布 #现货以太坊ETF获美SEC批准 #BTC走势分析
After a slight pullback at midnight, the market started to rise again. After opening in the morning, it directly broke through the pressure area of yesterday's high point and came to the 71360 line. The pullback was not strong and it is still above 71000! In the morning, it was also a long position after successfully taking 800 points, waiting for the next wave of long opportunities! If you want to seize the opportunity, come and find it!
The remaining three trading days this week can be said to be crucial. Tonight, the US ADP employment data for May, the previous value is 192,000, and the forecast is 175,000; the US initial jobless claims for the week ending June 1 on Thursday; the US seasonally adjusted non-farm employment data for May on Friday. One more important news is about to be announced. The ADP data is called the "small non-farm", which has a certain reference value for the non-farm on Friday night!
From the technical structure, the level has stabilized above the moving average. After the daily line stepped back to the middle rail support, it quickly rose for two consecutive days. After the 5/10-day MA moving average crossed, it opened upward, forming a short-term support below. The level was supported by the moving average and moved upward. It is still very strong. At present, there is still a lot of energy to continue to move upward. First pay attention to the pressure area of the previous high point of 72,000!
In short-term operations, the four-hour level convergence triangle pattern broke up as expected. What needs to be paid attention to is the stepping back after breaking up. If it can smoothly stand above 71,000, there is naturally no such thing as stepping back, but if it can't, there is a greater probability of stepping back to test the support!
Operation ideas for Wednesday afternoon
Bitcoin stepped back to 70,500 to go long, look at 72,000, and defend 69,788
Ethereum 3780-3790 area to go long, look at 3920, and defend 3738
I am Langdao, I hope everyone trades smoothly! Transaction is smooth! $BTC $ETH $BNB #bnb历史新高 #山寨季何时到来？ #5月非农数据即将公布 #现货以太坊ETF获美SEC批准 #BTC走势分析
