LIVE【NOT】Clinton Daily Analysis June 3
24-hour trend [Up]
【Buy and sell points】
Buy point 1: 0.018000 USDT (reason: close to the previous band high, and the integer point has a supportive effect)
Buy point 2: 0.017500 USDT (reason: further close to the EMA7 moving average, increasing the safety margin)
Buy stop loss point: 0.016800 USDT (reason: less than 1% of buy point 2 and below the previous band low)
Selling point 1: 0.021000 USDT (reason: close to the current highest price, there may be strong selling pressure)
Selling point 2: 0.022000 USDT (reason: after breaking through the previous high, there is pressure at the integer point)
Short stop loss point: 0.023000 USDT (reason: within 1% of the selling point 2 to prevent false breakthroughs)
[Price trend analysis]
K-line pattern:
The recent K-line has shown an obvious upward trend, especially since May 27, with multiple consecutive positive lines. A long upper shadow line appeared on June 2, indicating that there is a certain selling pressure at a high level.
Technical indicators:
MACD: Data is missing, but based on the price trend, MACD may be in a golden cross state, showing strong upward momentum. RSI: RSI14 is 81.62, entering the overbought range, and there may be callback pressure in the short term. EMA: EMA7 (0.013317) and EMA30 (data missing), but it can be seen that the current price is much higher than EMA7, showing a strong upward trend. Need to pay attention to EMA7 as a support level.
Trading volume:
Trading volume has increased significantly since May 27, indicating that market participation has increased and the rise has strong financial support. The trading volume decreased on June 2, combined with the long upper shadow, indicating that there is selling pressure at high levels, and we need to be vigilant about the risk of short-term correction.
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