$WLD 24-hour trend [horizontal] July 4

[Buy and sell points]

Buy point 1: 2.30 USDT (close to the previous low, and there is support at the integer level)

Buy point 2: 2.20 USDT (further down to a stronger support level, and close to the recent low of 2.14)

Long stop loss point: 2.15 USDT (slightly lower than the previous low of 2.14, to prevent false breakthroughs)

Sell point 1: 2.50 USDT (close to EMA7 and the previous high, with great pressure)

Sell point 2: 2.60 USDT (further up to a stronger resistance range, and at the same time an integer level)

Short stop loss point: 2.65 USDT (slightly higher than sell point 2, to prevent false breakthroughs)

[Price trend analysis]

K-line pattern:

The recent price has shown a fluctuating downward trend, with the highest point at 3.1979 on June 20 and the lowest point at 2.14 on July 4. In recent days, the K-line has shown some signs of rebound, but it is still in a downward channel overall.

Technical indicators:

MACD: Both DIF and DEA are negative, and the MACD histogram has turned from negative to positive, indicating that the short-selling force has weakened and there is a possibility of a short-term rebound. RSI: The RSI value has gradually recovered from a low level and is currently close to the oversold range (24.0153). There is a rebound demand, but it has not yet entered the strong area. EMA: The current price is below EMA7 but above EMA30 and EMA120. There is pressure in the short term, and the medium and long-term support is strong. EMA7=2.4249, EMA30=3.1552, EMA120=4.4565.

Trading volume:

The recent trading volume has fluctuated greatly, especially on June 17, 18 and 20, the volume increased significantly, and then the trading volume decreased. The trading volume on July 4 was 195087905, which was lower than the previous few days, and the market was in a wait-and-see mood. #币安合约锦标赛