【ZK】Clinton Daily Analysis June 19
24-hour trend [Sideways]
【Buy and sell points】
Buy point 1: 0.215 USDT (close to the previous low, there is strong support)
Buy point 2: 0.205 USDT (further down to a stronger support area, while considering the psychological support of integer points)
Long stop loss point: 0.200 USDT (falling below an important integer mark, indicating that support is invalid)
Sell point 1: 0.240 USDT (close to the recent high, there may be selling pressure)
Sell point 2: 0.250 USDT (upward space opens after breaking through the previous high, but still need to be vigilant about the risk of callback)
Short stop loss point: 0.255 USDT (breaking through the key pressure level, trend reversal signal)
【Price trend analysis】
K-line pattern:
June 17, 2024: Long upper shadow, showing strong selling pressure. June 18, 2024: The lower shadow is long, indicating that there is buying support at the low level. June 19, 2024: A small positive line, the price has risen on the basis of the previous trading day.
Technical indicators:
MACD: The current data is missing, but it can be inferred that it may be in a shock or weak rebound stage in the near future. RSI: The current data is missing, but according to the K-line trend, RSI may be close to the neutral area (near 50). EMA: The data of short-term EMA7, EMA30 and long-term EMA120 are missing, but from the closing price, the price may be above EMA7, EMA30 and EMA120, indicating a short-term rebound but still in a downward trend overall.
Trading volume:
June 17, 2024: The trading volume increased significantly, accompanied by violent price fluctuations, indicating that the market sentiment is high. June 18, 2024: The trading volume continued to increase, and the price rebounded, indicating that the long and short sides were in fierce competition. June 19, 2024: The trading volume decreased significantly, the price rose slightly, and the market entered a wait-and-see state.
