BLAST
BLAST's 1-hour price trend: Down.
【Buy and sell points】
Buy point 1: 1.90 USDT (considering that the price has fallen sharply, there may be a technical rebound or find support in the short term)
Buy point 2: 1.80 USDT (if it continues to fall, this price may be a stronger psychological and technical support area)
Long stop loss point: 1.75 USDT (lower than the second buy point, providing enough space to avoid small fluctuations triggering the stop loss, and there is no obvious support below this)
Selling point 1: 2.00 USDT (If the market rebounds, this price can be considered as a near-term resistance and is suitable for short-term profit taking)
Selling point 2: 2.20 USDT (further rise may encounter greater selling pressure, which can be used as the second target profit point)
Short stop loss point: 2.30 USDT (higher than the second selling point, leaving some room to deal with adverse fluctuations, and exceeding this point may mean a trend change)
【Price trend analysis】
K-line pattern:
In the past few cycles, the price has fallen sharply from the high of 4.6 to 1.8650, showing strong selling pressure. The K-lines in the last few hours are all long real negative lines, with no obvious upper or lower shadows, indicating that the current market sentiment is pessimistic.
There is no typical reversal K-line combination in a specific time period (such as 15:00 on June 26 to the latest price), and there is no significant support signal in the continuous downward trend.
Technical indicators:
The MACD indicator shows that DIF is much lower than DEA, and the MACD value continues to be negative, which is a clear bearish signal. The layout is ongoing, communication +: GOOOKOOOY welcomes everyone to participate actively and witness the moment of miracle together
In the KDJ indicator, the J value is negative in the latest data, while both the K and D lines are at extremely low levels, suggesting the possibility of oversold, but we still need to be vigilant about the potential risk of continued downside.
In the EMA indicator, EMA(7) quickly crossed below EMA(30), further confirming the current strong downward trend.
Volume:
During the sharp price drop, the volume increased, especially during the 01:00 time period on 26 June, when the volume reached 100.0000, which may indicate panic selling.
The shrinking trading volume in recent hours may mean that the selling power in the current price range has weakened, but without the intervention of buyers, it will be difficult for prices to recover steadily.
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