How will the market trend in the evening? Xiao A explains it for you!
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BABY
PEPE's 1-hour price trend: sideways.
This is a 1-hour K-line chart of HTX PEPE/USDT. The latest price is: 0.000010656092 USDT, including EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 0.000010500 USDT (near the recent support level, the price shows signs of rebounding at this level)
Buy point 2: 0.000009800 USDT (strong historical support level, if it falls below the first buy point, it may test this area)
Long stop loss point: 0.000009600 USDT (lower than the second buy point, providing enough space to avoid small fluctuations triggering the stop loss)
Selling point 1: 0.000011200 USDT (recent resistance level, the price has fallen back several times at this level)
Sell point 2: 0.000011500 USDT (higher psychological barrier and technical resistance level, a breakout will strengthen the bullish momentum)
Short stop loss point: 0.000011700 USDT (higher than sell point 2, to set a safety buffer for short trades)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price fluctuations have intensified, especially between 16:00 on September 27 and 11:00 on September 28, when longer upper and lower shadows appeared, indicating that there was fierce competition between buyers and sellers.
From 16:00 on September 26 to 15:00 on September 27, the price showed a gradual upward trend, with multiple small real-body positive lines, suggesting that upward momentum is accumulating.
Technical indicators:
In the MACD indicator, the DIF and DEA moving average lines are intertwined, the MACD histogram fluctuates near the zero axis, and no obvious golden cross or dead cross signals appear, and the market is in an uncertain state.
The KDJ indicator J value has dropped at the latest data point, but it is still above 80 overall, which may indicate an overbought situation. At the same time, the K line is not far from the D line, and no obvious golden cross or dead cross is formed.
The 7-period EMA of the EMA indicator is running above the 30-period EMA, which indicates that the upward trend is more obvious in the short term, but the gap between the two is not large, so we need to be alert to the possibility of trend reversal.
Volume:
During the price increase phase (such as 16:00 on September 26 to 15:00 on September 27), trading volume increased, which supported the upward trend.
Volume has slightly decreased in recent hours, and price volatility has increased, which may indicate the instability of the current trend.
HMSTR
HMSTR's 1-hour price trend: Down.
This is a 1-hour K-line chart of Gate HMSTR/USDT. The latest price is: 0.006469 USDT, including EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 0.006500 USDT (the current price is close to the EMA (7) support level. If it does not fall below, it can be regarded as a short-term rebound signal)
Buy point 2: 0.006300 USDT (below the low of the last few hours, may be the next support level, suitable for a more conservative buying strategy)
Long stop loss: 0.006100 USDT (giving enough space to avoid small fluctuations triggering the stop loss, while taking into account the overall downward trend)
Selling point 1: 0.006700 USDT (this resistance level has been tested many times recently but failed to break through, so it can be used as an initial profit-taking point)
Selling point 2: 0.006900 USDT (above EMA(30), this position may encounter selling pressure if market sentiment improves)
Short stop loss point: 0.007100 USDT (higher than sell point 2, providing a safety buffer for short selling)
【Price trend analysis】
K-line pattern:
The recent K-line shows that the price has experienced drastic fluctuations, especially the extreme price difference at 20:00 on September 26, which may be erroneous data or abnormal trading behavior.
Since September 27, the price has shown a downward trend, and most of the K-line entities are short, indicating that the market is not decisive. In the past few hours, the K-line entity has shrunk, the upper and lower shadows are of different lengths, and the market is volatile.
Technical indicators:
MACD indicator: The MACD value turned from negative to positive, but DIFF and DEA were both in the negative area, and the height of the MACD histogram decreased, suggesting that the downward momentum weakened.
KDJ indicator: The J value fluctuates greatly, but the overall trend is downward. The K and D lines are close and moving downward, indicating potential selling pressure.
EMA indicator: EMA(7) is lower than EMA(30). The long and short moving averages are still in a bearish arrangement, but EMA(7) shows signs of narrowing, reflecting a weakening of selling power in the short term.
Volume:
The trading volume reached a peak at 20:00 on September 26 and then gradually decreased, which was consistent with the price drop, indicating that the buyer participation in the downward trend was not high.
The trading volume has been stable in recent hours, with no obvious increase or decrease. The market may be looking for a balance point.
SHIB
SHIB's 1-hour price trend: sideways.
This is a 1-hour candlestick chart of Binance SHIB/USDT. The latest price is: 0.00001926 USDT, including EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 0.00001900 USDT (Considering the pressure of EMA (7) and EMA (30), if the price can stabilize below these two indicators and start to rebound, it can be regarded as a short-term support level)
Buying point 2: 0.00001850 USDT (near the recent low point. If the price further falls back to this point, there may be buying, forming a strong psychological and technical support)
Long stop loss point: 0.00001790 USDT (leave enough space to avoid small fluctuations triggering stop loss. At the same time, the price is lower than the lows of the recent cycles. A break below this level may mean a deeper correction)
Selling point 1: 0.00002000 USDT (close to the current EMA (7) and EMA (30), as a short-term resistance level, suitable as an initial profit-taking point)
Selling point 2: 0.00002100 USDT (recent high point area, if the price breaks through this point, it may attract funds chasing the rise, but we must also be wary of potential selling pressure)
Short stop loss point: 0.00002200 USDT (exceeding the second selling point and is a relatively untested new high point. If it falls below, it may indicate that the upward trend is confirmed, and it is not advisable to continue holding a short position)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price fluctuations have intensified, with large upper and lower shadow lines appearing. For example, there is a significant difference between the high point of 0.00002169 and the low point of 0.00001629 from 22:00 on September 27 to 01:00 on September 28, indicating that there is uncertainty in the market. sex.
From 06:00 on September 28 to the latest period, the K-line body gradually shrank, and the closing price approached the opening price, which may suggest that the market is indecisive.
Technical indicators:
MACD indicator: DIF and DEA both fluctuate around the zero axis. The MACD histogram value turns from positive to negative and then to positive, but the amplitude is small, indicating that the game between long and short forces is fierce and there is no clear trend.
KDJ indicator: The J value in the latest cycle is -7.33, indicating an oversold state. The K and D lines cross below 30, which may indicate a rebound opportunity.
EMA indicators: EMA (7) and EMA (30) values are close to and above the current price, indicating that the price is under pressure in the short term and the long-term trend is not yet clear.
Volume:
Trading volume peaked at 16:00 on September 27 and then began to decrease, which may indicate that market participants are losing interest in the current price range.
The trading volume in the latest cycle has increased compared to the previous hour. If the volume continues to increase, it may be accompanied by confirmation of the direction selection.
※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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