How will the market trend in the evening? Xiao A explains it for you!
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HOW MANY
CATI's 1-hour price trend: Up.
This is a 1-hour OKX CATI/USDT candlestick chart. The latest price is: 1.0290 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buying point 1: 0.9500 USDT (considering the bullish arrangement of EMA(7) and EMA(30), and the upward trend shown by the MACD indicator, choose to buy near the recent support level)
Buying point 2: 0.9000 USDT (If the price falls back to this point, close to the lower edge of the KDJ overbought area, it may be a good point to add positions or enter the market)
Long stop loss point: 0.8800 USDT (lower than the second buy point, leaving room to avoid small fluctuations triggering the stop loss, and also near the low point of the previous hour)
Selling point 1: 1.0200 USDT (close to the latest price, but slightly lower than the highest price. Considering the possible overbought situation, it is suitable as an initial profit-taking point)
Selling point 2: 1.0400 USDT (close to the highest price in the current cycle, if it continues to be bullish, it can be used as a profit point for a higher target)
Short stop loss point: 1.0500 USDT (higher than the second selling point, giving the market enough room for fluctuations, and also a psychological key resistance level)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price fluctuations have intensified, especially in the period from 19:00 to 20:00 on September 20, when there was a significant increase. The K-line at 20:00 was a long positive line, indicating that buyers controlled the market.
Looking at the latest few hours, the price has fallen back, but the closing price has basically remained above the opening price, suggesting that the bulls still have a certain advantage.
Technical indicators:
In the MACD indicator, both DIF and DEA are in the positive area, and DIF is higher than DEA. The MACD histogram also shows a positive value, which is usually regarded as a signal of an upward trend.
In the KDJ indicator, the J value is around 97, indicating possible over-buying; while the K value and D value are both above 70, indicating that the current market may be overbought and we need to be alert to the risk of a short-term pullback.
The EMA indicator shows that the 7-period EMA is always above the 30-period EMA, which is a sign of a bull market. However, the gap between the two is gradually narrowing, and we need to pay attention to whether there will be a crossover.
Volume:
The trading volume is significantly enlarged when the price rises sharply, such as at 18:00 and 19:00 on September 20, which supports the validity of the price rise.
Trading volume has been relatively stable in recent hours, with no abnormal fluctuations, indicating that market participants have reached a certain degree of consensus at the current price level.
ABOUT
SUI's 1-hour price trend: Down.
This is a 1-hour OKX SUI/USDT candlestick chart. The latest price is: 1.4854 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 1.4400 USDT (considering that both EMA (7) and EMA (30) are above this price and there is support in the near future)
Buy point 2: 1.4000 USDT (close to the low point of September 20, which may form a strong support)
Long stop loss: 1.3800 USDT (enough room to avoid small fluctuations triggering the stop loss, and below the lows of recent days)
Selling point 1: 1.5000 USDT (close to the integer mark above the current price, psychological resistance level)
Selling point 2: 1.5200 USDT (near the recent high point, if it breaks through, it is expected to rise further)
Short stop loss point: 1.5300 USDT (exceeding the selling point 2, a conservative setting to ensure that the stop loss is not caused by a small rebound)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price fluctuations have intensified, especially from 19:00 to 21:00 on September 20, when a long upper shadow line appeared, indicating that sellers are under great pressure. In the latest cycle (17:00 on September 21), the closing price is close to the opening price, forming a short entity, suggesting that the current market decision is not obvious.
From the overall trend, the price has been on a downward trend since 18:00 on September 20, especially after 22:00 on September 20. The K-line has had a long upper shadow for several consecutive hours, indicating that every time the price rises, it encounters a strong sell-off.
Technical indicators:
In the MACD indicator, both DIF and DEA are in the positive area but the gap is narrowing, and the MACD column turns from positive to negative, which means there may be short-term downside risks.
In the KDJ indicator, the J value is higher than the K value and D value, and the three values are relatively high, which may indicate an overbought situation and we need to be alert to the risk of a pullback.
The EMA indicator shows that the 7-day EMA is always above the 30-day EMA. Although prices are under pressure in the short term, the medium- and long-term trends are still positive.
Volume:
Trading volume increases when prices fluctuate significantly. For example, between 19:00 and 21:00 on September 20, as prices rose rapidly, trading volume also increased sharply, reflecting active market participation.
Volume has tapered off in recent hours, which, combined with lower prices, suggests that downward momentum may be waning.
NEIROETH
NEIROETH's 1-hour price trend: Down.
This is a 1-hour K-line chart of Gate NEIROETH/USDT. The latest price is: 0.0850 USDT, including EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 0.0855 USDT (the current price is close to the lowest price. If EMA(7) continues to rise and the MACD histogram continues to shrink, it may be an early signal of a rebound.)
Buy point 2: 0.0815 USDT (just below the lowest price of 0.0814 in the cycle. If the price drops further and does not break below this level, it can be regarded as a support level and is suitable as a more conservative buy point)
Long stop loss: 0.0800 USDT (enough space to avoid small fluctuations triggering the stop loss. Considering that 0.0814 is the recent low, 0.0800 provides additional psychological and technical support)
Sell point 1: 0.0890 USDT (Considering that the 30-period EMA is currently around 0.0897, this level may form a resistance level, so the sell point 1 is set slightly lower than this value)
Selling point 2: 0.0920 USDT (Combined with the previous high and EMA(30), this price can be used as a potential strong resistance area and is suitable as the second selling point)
Short stop loss point: 0.0935 USDT (exceeding the selling point 2, and leaving a certain amount of space to reduce the risk of false breakthroughs caused by prices breaking through resistance levels)
【Price trend analysis】
K-line pattern:
The recent K-line shows that the price fluctuates greatly, especially between 20:00 on September 19 and 05:00 on September 20, when there was a clear peak followed by a series of declines. In the latest few hours, the price has stabilized, but has not yet returned to its high point.
The highest price of 0.1228 in the cycle was recorded at 20:00 on September 19, after which the price began to gradually decline, indicating that a short-term top may have been reached.
Technical indicators:
MACD indicator: Both the MACD line and the signal line are in the negative area, and the MACD histogram shows a shrinking trend, suggesting that the current downward momentum is weakening.
KDJ indicator: The J value is higher than the K value and D value in most time periods, which usually indicates an overbought state, but recently all three are below 50 and crossed downward, which means there may be a risk of further decline.
EMA indicator: The 7-period EMA continues to be lower than the 30-period EMA, reflecting that the medium- and long-term trend is bearish. However, the 7-period EMA has risen slightly recently, and there may be a small rebound in the short term.
Volume:
The trading volume increased when the price was at a high point, especially after the large trading volume at 20:00 on September 19, the price fell rapidly, indicating that the selling pressure at a high level was relatively large.
Trading volume has been relatively stable in recent hours, with no obvious abnormal fluctuations, and market participants may be waiting and watching.
※All content is provided by the intelligent analysis assistant Xiao A. All content is for reference only and does not constitute any investment advice!
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