The currency circle has happened early🥇🥇🥇2024-10-17
Analysis of the trend of big cake and second cake, the code of wealth, the ambush points of long and short...
BTC 4-hour K-line trend:
Pressure level: around 68639~69986
Support level: around 65542~66508
ETH 4-hour K-line trend:
Pressure level: around 2688~2741
Support level: around 2521~2566
Technical analysis:
Bitcoin 4-hour cycle K-line oscillates at a high level, with insufficient volume, and three cross stars are formed near the neckline pressure level of 68424~68639 (facing a dense area of chips, and then In addition, with insufficient volume, where will the K-line go? Will the dealer continue to lure more buyers, or will the K-line price continue to exert its strength after reversing? ); The big cake Gubi trend indicator has a multi-cycle resonance of large, medium and small cycles and a long investment trend; the KDJ indicators of the 6-hour, 12-hour and 24-hour cycles are all in the overbought and blunted rising space area, and the price is expected to remain bullish in the later period, but the 1-hour and 2-hour MACD indicators are in the form of rootless water, and the price has a short-term correction demand. Once the price is adjusted back to the 30-minute, 1-hour Bollinger middle track or some important neckline support levels, it is the best time to enter the long position🥰! (Please wear a stop loss, fasten your seat belt and take three protective measures to get out of the trap) {Contract thinking}
Short-term operation thinking: When the price is adjusted back to the important support level marked above, you can enter the market with a light position and hang a long position {spot thinking};
Investment is risky, and you need to be cautious when entering the market. The above analysis is for reference only! You can also make some corresponding layouts of altcoins based on the linkage effect of Bitcoin!
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A day's plan starts with the morning💰
Pay attention to "Early Events in the Cryptocurrency Circle"🥇 Watch the market and make money easily🥰
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