Let’s take a look at the coins-NEIRO
Strike while the iron is hot and continue NEIRO (the short-term trend is in the callback phase, so it is recommended to place orders near Yuzu’s recommended position in advance)
【NEIRO grapefruit trend analysis】
K-line pattern: The price has recently fluctuated within the range of 0.0009 to 0.0010, with multiple long upper and lower shadow lines appearing, indicating that there is strong selling pressure and support in the market. From 20:00 on September 19 to 08:00 on September 20, the K line formed a large negative line, and then several small positive lines rebounded, but failed to break through the previous high.
Technical Indicators: MACD: Current data is missing, but it can be inferred that the MACD may be in a dead cross state because the price has fallen back from its highs and the trading volume has increased.
RSI: RSI14 value is 67.55, close to the overbought area, and there will be callback pressure in the short term.
EMA: EMA7 (0.00089699) has been broken, and the data of EMA30 and EMA120 are missing, but judging from the trend, EMA30 should be near 0.00085 and EMA120 should be lower. The short-term moving average crosses the long-term moving average downward, indicating a bearish trend.
Trading volume: From 20:00 on September 19 to 08:00 on September 20, the trading volume increased significantly, indicating that the market sentiment was intense and the competition between long and short parties was obvious. Trading volume has gradually decreased in recent cycles, indicating that the market has entered a wait-and-see state, waiting for new direction choices.
[NEIRO grapefruit recommended long and short reference]
Long order: around 0.00085 (near the low of the previous band, there is strong support)
Long order: around 0.00083 (close to EMA30 position, further confirming support)
Suggested stop loss: around 0.00081 (2 integer points below buying point two to prevent false breakthroughs)
Short order: around 0.00095 (near the recent high, there is selling pressure)
Short order: around 0.001 (integer mark, psychological pressure level)
Suggested stop loss level: around 0.00102 (2 integer points above selling point two to prevent false breakthroughs)
Remember, open orders are interval-based and need to be slightly adjusted according to the real-time market. The more accurate one is the high-end one. I tell you to do it. If you execute it well, everything will be simple.
