Be alert! 5.31 Bitcoin latest market analysis and forecast by academicians in the currency circle, investors must be careful to take precautions
Let's review the ideas given in yesterday's article. Yesterday, the big cake was more than 67,100, and the bag was 69,100, which strongly took 2,000 points of space, and then 69,500 was short. Before the release, the bag was 68,500, and it took another 1,000 points of space. One long and one short took 3,000 points. How many people were late? Anyway, we all ate it. You can click on the avatar profile to find the actual combat record.
Let's look at today's market. As of more than five o'clock in the morning before the release, the current price of Bitcoin is around 68,400. It can be said that it was sideways during the day. The market of the day is over after dark at night. This market has made it normal for us to stay up late for trading. The daily K-line fell below the EMA15 trend indicator 67700 and then stretched to break 69500. It is currently standing near EMA15. The overall market trend is still going down. Pay attention to the support of EMA30 at 66500. KDJ is blocked in the short term. The Bollinger Bands are shrinking. The K-line stretches after standing at 67000. Both long and short positions are shrinking. MACD is about to end. Before the closing, the K-line can start to shrink. It is critical to let DIF and DEA enter the dead cross stage. You can pay attention to it.
Four The hourly K-line defense point is still around 69500. The EMA trend indicator is not very obvious. The K-line first shows a very long inverted hammer, but the closing position is not good, which is not a clear indicator. The KDJ is blocked at the 69500 pressure level. The Bollinger Bands are the same as the daily K-line Bollinger Bands. The long and short positions are shrinking, and the long and short positions are about to be determined. The upper pressure level is 69300, and the lower track support point is 67000. After the KDJ is blocked at the upper pressure level, it starts to move downward. Only MACD increases its volume and spreads upward. DIF and DEA are at low levels and move upward. The idea is to use a low-multiple idea. If the high pressure is not broken after the callback, consider adding short orders. It is not ruled out. In addition to the possibility of reaching the top of 70,000 again, we need to make arrangements in advance to prevent it.
The specific reference ideas are as follows:
The entry point for long positions refers to the range of 67,000 to 67,500 for long positions, and the defense range of 66,500 to 66,000 for long positions, with a stop loss of 65,500. The exit point refers to the range of 68,000 to 68,500, and the second exit point refers to the range of 69,100 to 69,500.
The entry point for short positions refers to the range of 69,500 to 70,000 for short positions, and the exit point refers to the range of 68,500 to 68,300, and the second exit point refers to the range of 67,500 to 67,000, with a stop loss of 400 points
The specific operation ideas are mainly based on the market data. For more information details, please contact the author. There is a delay in the release of the article. The suggestions are for reference only and the risks are borne by yourself.
As a senior person in the currency circle, I have been committed to providing useful suggestions for everyone. I hope that everyone will take fewer detours and make fewer wrong orders in this market. Although I am sincere, the road of investment still needs to be explored by yourself. Learning is endless, and the experience learned is the real wealth!
There is no need to over-display your strength. The key is to get more people's recognition. On the road of investment, it is more important to do yourself well than to prove your strength to others. Whether it is a mule or a horse, you will know it by pulling it out for a walk.
I am an academician of the currency circle and a warrior who strives to protect leeks. I wish my fans to achieve financial freedom in 2024. Come on!