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BTC
BTC's 1-hour price trend: down.
This is a 1-hour Binance BTC/USDT candlestick chart. The latest price is: 62930.0 USDT, including EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 62000 USDT (near EMA(30), long-term trend support)
Buy point 2: 61000 USDT (near the low point of 60166.3 at 06:00 on September 19, a strong psychological and technical support level)
Long stop loss point: 60500 USDT (give enough space to avoid small fluctuations triggering stop loss, while taking into account the psychological support of the 60000 integer mark)
Selling point 1: 63500 USDT (close to the latest price of 62930.0, a possible resistance level in the short term)
Selling point 2: 64000 USDT (above the recent high of 63830.1, selling pressure is expected)
Short stop loss point: 64500 USDT (exceeding the selling point 2 to provide a buffer and reduce the risk of false signals caused by breaking through new highs)
【Price trend analysis】
K-line pattern:
The recent K-line shows large price fluctuations, such as the high of 63830.1 and the low of 59138 at 01:00 on September 20. The long upper shadow indicates seller pressure, while the long lower shadow indicates buyer support.
Between 07:00 on September 19 and 07:00 on September 20, several small real-body alternating yin and yang K-lines appeared, suggesting that the market was indecisive.
Technical indicators:
MACD indicator: The latest MACD value is negative (-201.6), and DIF is below DEA, which is generally considered a bearish signal.
KDJ indicator: The J value (5.72) is much lower than K (34.96) and D (49.58), which may indicate an imminent rebound or oversold situation.
EMA indicator: The current price of 62930.0 is below EMA(7)63021.3, but still above EMA(30)62267.9, indicating that the short- to medium-term trend is downward, but the long-term trend remains upward.
Volume:
The trading volume increased in certain periods, such as reaching 90398.0010 at 02:00 on September 19, accompanied by price increases, indicating that bulls are active.
The trading volume in recent cycles has been relatively stable with no significant abnormalities. It is necessary to pay attention to whether there will be an increase in trading volume in the future to confirm the trend change.
ETH
ETH's 1-hour price trend: down.
This is a 1-hour Binance ETH/USDT candlestick chart. The latest price is: 2464.04 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 2400 USDT (prices have rebounded several times at this level recently, acting as a support level)
Buy point 2: 2350 USDT (if it falls below 2400 USDT, the next strong support level may be formed in the range of 2300 to 2350)
Long stop loss point: 2325 USDT (lower than the second buy point, and leave some space to avoid small fluctuations triggering the stop loss)
Selling point 1: 2500 USDT (close to the highest price in the recent cycle, can be considered as the initial resistance level)
Selling point 2: 2550 USDT (exceeding the current highest price, it is expected that there will be greater selling pressure)
Short stop loss point: 2575 USDT (higher than the second selling point, giving the market enough room for fluctuations)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price fluctuations have intensified, especially in the period from 02:00 to 07:00 on September 20, when there was a large price fluctuation, with the highest price reaching 2494.68 and the lowest price being 2275.25. This may indicate that there is uncertainty in the market.
Judging from the recent hours, the closing price is close to the opening price, forming a short real body or a small candlestick such as a cross star, suggesting that market participants currently have differences in their views on price trends.
Technical indicators:
In the MACD indicator, both DIF and DEA are in the positive area, but the MACD histogram has turned from positive to negative, indicating that the bullish momentum has weakened, which may indicate the risk of trend reversal in the short term.
The J value in the KDJ indicator exceeded 80 in some cycles, entered the overbought range, and then fell back, indicating that the price may face correction pressure.
The EMA indicator shows that the 7-period EMA is always above the 30-period EMA. The long-term trend is still bullish, but price fluctuations are increasing in the short term.
Volume:
When prices fluctuate significantly, such as from 08:00 to 11:00 on September 19, trading volume increases significantly, which usually means increased market activity and may also be accompanied by trend changes.
The trading volume in the latest cycles has decreased compared with the previous periods, indicating that the market's impulsive sentiment may be calming down. We need to pay attention to whether there will be new directional choices in the future.
SUN
SOL's 1-hour price trend: sideways.
This is a 1-hour Binance SOL/USDT candlestick chart. The latest price is: 142.595 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 138.00 USDT (this price is the low point of several hourly K-lines, and EMA(7) provides support above this level)
Buy point 2: 135.00 USDT (large trading volume appeared between 09:00 and 10:00 on September 19, indicating that there was strong buying in this area, which may form effective support)
Long stop loss point: 132.00 USDT (lower than the second buy point, and considering enough space to avoid small fluctuations triggering the stop loss, while leaving a certain distance to defend the potential support of EMA (30))
Selling point 1: 145.00 USDT (close to the highest price of 144, if the price can break through, it can be regarded as a new resistance level attempt)
Selling point two: 150.00 USDT (psychological mark and has significant profit margins than selling point one, suitable for setting higher targets)
Short stop loss point: 152.00 USDT (higher than the second selling point, giving the market enough room for fluctuations. At the same time, the integer mark exceeding 150 may attract buying intervention)
【Price trend analysis】
K-line pattern:
The recent K-line shows large price fluctuations. For example, there was a wide range of fluctuations between 07:00 on September 19 and 07:50 on September 20. There was a significant gap between the lowest price of 126.96 and the highest price of 144. Especially at 08:00 on September 19, the long lower shadow indicates strong buyer intervention.
From 23:00 on September 18 to 06:00 on September 19, it showed a continuous upward trend, followed by multiple small real-body positive lines, suggesting that the upward momentum was gradually increasing.
Technical indicators:
In the MACD indicator, both DIF and DEA are in the positive area, but the MACD histogram has turned from positive to negative, indicating that the recent upward momentum has weakened and may enter a stage of adjustment.
The J value in the KDJ indicator has fallen back, but the K line and D line are still at relatively high levels, which may indicate a risk of a pullback in the short term.
The EMA indicator shows that the 7-period EMA is always above the 30-period EMA, indicating a positive short-term trend, but we need to be wary of the crossover between the two as a potential reversal signal.
Volume:
Trading volume increases when prices fluctuate sharply. For example, the sudden increase in trading volume at 08:00 on September 19, combined with the long lower shadow, may mean that the price level has strong support.
The trading volume in the latest hour has decreased compared to the previous hour. If the trading volume continues to shrink in the future, the current price level may face more tests.
※All content is provided by the intelligent analysis assistant Xiao A. All content is for reference only and does not constitute any investment advice!
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