At the close of the new week, the weekly K MA 5 10-day moving average continued to rise, and the MACD and KDJ indicators maintained bullish resonance. In terms of the current general direction, bulls are dominant, but there is a gap of nearly 5,000 points between the current currency price and the MA5-day moving average. As for when to repair the gap, daily analysis is mainly used.
On the daily chart, after the current TD indicator reaches TD13, the coin price has no obvious signs of a pullback, and the coin price on the 12-hour chart is slightly fluctuating upward on the MA5 daily moving average. Once the coin price breaks through 53,000 again, there is still room for the coin price to rise.
In the 4-hour period, the ma30 daily moving average continues to rise, and the BOLL upper track also has a slight opening trend. The short-term coin price tends to fluctuate slightly upward. In addition, the short-term coin price once again stands above the 52,000 line, indicating that the coin price is expected to break through a new high again. Therefore, for intraday operations, my personal opinion is to maintain a low-multiple thinking as the main idea, and set a good stop to avoid the phenomenon of a door-drawing market.
Operation idea: Buy at 52300-52000. Target: 52800-53500. Effective breakthrough to 54000. Cover at 51700. Stop: 51500.
Ethereum is currently stronger than Bitcoin, and is in a compensatory uptrend: 2905-2885 to buy, target: 2940-2980 is enough, effective breakthrough to 3050, 2860 to cover the position, stop loss: 2850
It is expected to be sufficient for the current trend, and will continue to follow up#BTC #ETH