JOE analysis
JOE price declined from 0.3351 to 0.3326 during the specified time period. The current analysis trend is neutral, which means that there is no strong trend currently prevailing in the market. The ratio of long ends to short ends on Bit is 7.0:1, which indicates that there is a preference for long positions.
The current financing rate for the coin is 0.0001, and financing rates are usually applied to perpetual contracts. A positive number indicates strength on the long side, while a negative number indicates strength on the short side.
The current support and resistance levels are: Last support price of $BOLL:0.32187 - Last resistance price of $BOLL:0.33897
The current market readiness index is 40, according to the Market Sentiment Index. This level is considered neutral, which means that there is no clear trend in the market currently. Suggested trading strategies
1 Buying strategy when a level is broken
Resistance:
-The trend is neutral
←
Entry price breakout of the last resistance price of
($0.33897) BOLL
- Profit targeting the next resistance level
Stop Loss: BOLL's last support price
($0.32187)
Strategy characteristics This strategy is based on the assumption that a breakout of resistance price may lead to an increase in demand and a rise in price
.JOE
2 Selling strategy when the support level is broken
-The trend is neutral
Entry price: Break of BOLL's last support price
($0.32187)
- Target profit next support level
Stop Loss Last resistance price of BOLL
($0.33897)
- The characteristics of the strategy are based on these
The strategy assumes that the support price may break
It leads to an increase in supply and a decrease in the price of JOE.
3 Lateral Trading Strategy:
-The trend is neutral
Entry price: near the support level (0.32187)
USD) and resistance level ($0.33897)
- Profit targeting to get small profits in between
Specific levels of support and resistance
Stop Loss: Stop loss within levels
Specific support and resistance characteristics of the strategy are based on these
The strategy is to exploit the current price fluctuation
JOE between support and resistance levels.
Please note that traders should do their own research and analysis before making any trading decisions, and that the trading strategies mentioned here are merely suggestions based on