[sats] Clinton Daily Analysis June 6

24-hour trend [up]

[Buy and sell points]

Buy point 1: 0.000000325 USDT (close to EMA7 support level, and an integer point)

Buy point 2: 0.000000320 USDT (near the previous low point, with strong support)

Buy stop loss point: 0.000000315 USDT (5 units below buy point 2 to prevent false breakthroughs)

Sell point 1: 0.00000 0340 USDT (near recent highs, there is selling pressure)

Sell point 2: 0.000000345 USDT (integer point, may form short-term pressure)

Short stop loss point: 0.000000350 USDT (5 units above sell point 2, to prevent false breakthroughs)

[Price trend analysis]

K-line pattern:

The recent price fluctuates in the range of 0.00000029661 to 0.00000033879, forming a pattern of shock consolidation. A long upper shadow line appeared on June 4, 2024, indicating that the upper selling pressure is large.

Technical indicators:

MACD: Both DIF and DEA are positive and gradually rising. The MACD histogram is red, indicating that the bulls are strengthening, but attention should be paid to the risk of divergence. RSI: RSI14 is currently around 56, in the neutral to strong area, and has not entered the overbought area, with further room for growth. EMA: EMA7 (0.00000032496) > EMA30 (0.00000031077), the short-term trend is positive; but EMA120 (0.00000040339) is much higher than the current price, and it is still under downward pressure in the long term.

Trading volume:

The trading volume on June 4, 2024 was significantly enlarged, reaching 25211329, indicating that the market activity has increased. The trading volume has fallen in recent days, but it has remained at a high level overall, indicating that the attention of funds is still high.