5.9 Will the long position of Bitcoin and Ethereum continue after the bottoming out? Midnight market operation suggestions.
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A person's personality determines the inevitability of trading. A person with low emotional intelligence is prone to impulsiveness and gets carried away when trading. When he loses his mind, he does not follow the trend, but retaliates against the market. The more a person wants to make money, the less money he can make. Only rational and calm analysis can get the "reward" of the market, and all profits are the right things.
The daily line closed with a cross star with upper and lower shadows yesterday. The combination pattern forms an internal dilemma. At present, there are signs of reversal. 62000 is still the key focus of the day, but it needs to be judged in combination with the overall market. The price trend of the currency basically fluctuated in a narrow range for a day, and rebounded after a pullback near 62000. Now this position has become the first nearest support point for the current short-term, and the position of 62700 above will determine the gains and losses of the bulls.
From the 4-hour chart, the current rebound is upward, and the 5-day and 10-day moving averages show signs of golden crosses. If the pressure of 62700 is broken and stabilized, it is expected to accelerate the rebound. MACD and KDJ are biased towards the short side after closing in the early morning, but MA5 and 10-day moving averages begin to flatten, and the market may turn to a small range of shocks. The short-term currency price fluctuates around 62700. If the currency price cannot break through the box formed above recently, I still focus on today's view and make the high-altitude thinking of the afternoon layout as the basis for judgment. Bitcoin 62600-63000 empty target 61000. Intraday real-time guidance has begun, and the trading plan is strictly implemented. The market fluctuates greatly and it is easy to be stopped out.
