5.17 Zhang Lihui: Bitcoin failed to reach the top for the second time, so I opened a short position and gained 1,000 points; Will Bitcoin continue to be short or long today? (BTC) Market Analysis and Operation Reference #美国4月CPI数据回落 #BTC走势分析 #新币挖矿 #5月市场关键事件 #ETH $BTC $ETH
Yesterday, Bitcoin hit a high of 66668 and then fell back to form a high range oscillation. Li Hui also made a layout at a low point, intending to break through 67000 to get the first target 67500 stop profit, but it did not break the expected effect. After the second impact of 66800 failed, it decisively stopped profit to protect the principal. Then, from the analysis of various data, the market may form regulation again, so it made a short layout above 69500, and perfectly stopped profit near 65000-64700. Congratulations to the coin friends who followed the operation, and once again trusted Li Hui, and he finally lived up to expectations! Li Hui emphasized again that there is a delay in posting, and it can only be used as a reference. The specific operation should be based on the real-time data of the market, and then carefully enter the market in combination with various news. If you really can't find the right point to enter the market, you can always pay attention to Li Hui for consultation!
5.17 Bitcoin market analysis and operation suggestions:
From the current 1-hour chart of Bitcoin, the price is hitting the EMA10, EMA15 moving average and the Bollinger band middle track cross pressure position, the KDJ three-line bottom turn has just begun to cross upward, the J value is around 39, and there is still more than half of the space to the top. The energy below the 0 axis in MACD continues to shrink, and DIF slows down the downward trend in the positive state, forming a closing intention with DEA, indicating that the market still has the possibility of a callback!
At present, the Bollinger Bands are closing, and the price of the currency rebounded to the EMA10 moving average position after the EMA15 moving average position I mentioned last night; although the three lines of KDJ turned downward at the top, they have slowed down significantly in the last two 4 hours, and the J value is around 68, which may continue to remain in the overbought area. The latest volume column above the MACD is not so strong, and the DIF slows down and converges with the DEA;
From the daily level, the price of the currency is also at the top of the trend line mentioned yesterday, and it has retreated to the bottom support of the first trend line, and the daily line is about to close again. As long as the opening volume column does not break the bottom trend support position, it will still rise during the day! Looking at the EMA15 moving average, it is approaching the EMA120 moving average to overlap. During the day, we should also focus on whether the EMA10 can break through the EMA30 moving average after standing on the EMA120;The J value in the KDJ three-line has just entered the overbought zone, and there is still a lot of room above. The upper volume column in MCAD continues to increase, and DIF is still in a negative state close to the 0 axis position, and continues to form a large distance with DEA! It shows that the currency price is still optimistic in the future!
It is recommended to retreat to more than 5% below 65300; continue to reserve 800 points 5% replenishment space below, stop loss 64200, take profit 65900-66600; break through 67000-69000 and hold below the 71000 mark; a layout of short orders should be combined with real-time market changes to operate!
There is a delay in article review, and the market is changing rapidly. For more real-time orders, you can follow the public account and my name to obtain it. Please strictly take profit and stop loss when entering the market, and stop when you see good!
I, Li Hui, interpret the world economic news and analyze the major trends in the global cryptocurrency circle. During my further studies in the United States, I have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL and other currencies. Friends who don’t know how to operate are welcome to leave comments!