Mu Feng's Trend Analysis: 9/1 Market Intraday Trend Interpretation and Operation Ideas

A new month has arrived, and the monthly line has also been updated. At present, the monthly KDJ and MACD indicators are generally in a stage of shrinking and weakening. The MA5 daily moving average in the main chart is linked to the MA30 resonance decline, but the intra-month decline last month was relatively strong, which caused a large gap between the currency price and MA5 this month, so the gap will inevitably be repaired within the month. Here, everyone should note that the monthly line is a large cycle after all, and there are differences in priority between the trend line and the short-term level. When will the technical repair of the monthly line appear? You can see when the daily and weekly lines can break through the MA5 of their level lines and the green TD1 rebound signal appears, then the gap repair sentiment of the monthly line will naturally follow the trend.

The current trend of the 12-hour level is basically the same as that of the daily line. The current KDJ and MACD are still in the stage of flattening and oscillating, and the overall range oscillation is running. The technical changes in the daily line are not too big compared with yesterday. It’s just that the current BOLL continues to press down and affects the rebound rhythm. So overall, it is still mainly lateral oscillation upward. Today, the short-term intraday trading can continue with low-multiple ideas. The specific points can be referred to:

BTC: 58000-57500 long, target 59500

ETH: 2470-2440 long in batches, target 2550

The above is a personal intraday market analysis, "Official Account: Mu Feng Watch Trends" first release, welcome to communicate and learn together! #BTC #ETH $BTC $ETH