#今日市场观点
Personal analysis of Yuzi:
K-line pattern: The K-line in recent days has shown an obvious downward trend, especially the big negative lines on July 11th and 12th.
The price fell back after encountering strong resistance near 0.00000978, and is currently in the stage of shock consolidation.
Technical indicators: MACD: The 4-hour MACD is in a dead cross state, and DIF and DEA are both negative, indicating that market sentiment is bearish in the short term.
RSI: RSI(14) is currently around 38.69, which is close to the oversold zone, but has not completely entered it. You need to pay attention to whether it will drop further or rebound.
EMA: The current price is lower than EMA7, EMA30 and EMA120, and EMA7<EMA30<EMA120, showing an obvious short position.
Trading volume: Trading volume has been enlarged recently, especially during the sharp decline on July 11, which showed a significant increase in selling pressure.
The subsequent trading volume gradually decreased, indicating that the market has a strong wait-and-see sentiment.
Grapefruit operation suggestions:
Long orders: around 0.0000085- 0.0000083 (further down to a stronger support range, taking into account the price difference of more than 1%)
Stop loss: around 0.0000082, buy point 2 is lower to prevent false breakthroughs
Short order: Around 0.000009-0.0000092, close to the previous high, there is an obvious selling pressure area, and it will further explore the stronger resistance range, taking into account the price difference of more than 1%
Stop loss: around 0.0000094 to prevent false breakthroughs
