[FET] Clinton Daily Analysis June 27
24-hour trend [Sideways]
[Buy and sell points]
Buy point 1: 1.600 USDT (close to EMA7 support, and strong support at the integer level)
Buy point 2: 1.550 USDT (near the previous low, with strong buying support)
Long stop loss point: 1.500 USDT (below the previous low, to prevent further downside risk after breaking)
Sell point 1: 1.750 USDT (near the recent high, there is selling pressure)
Sell point 2: 1.800 USDT (integer level pressure, there may be a large sell-off)
Short stop loss point: 1.850 USDT (above the previous high, to prevent further rise after breaking)
[Price trend analysis]
K-line pattern:
The recent price fluctuations are large, and there have been many K-lines with long upper and lower shadows, indicating that there is great uncertainty and volatility in the market. From June 24 to June 27, the price rebounded from the low, but fell back after reaching a high on June 26, forming a short-term top signal.
Technical indicators:
MACD: The MACD value gradually increased, DIF and DEA were close to the zero axis, and there were signs of a golden cross, indicating that there may be further upward momentum in the short term. RSI: The RSI is currently 47.7055, which is in the neutral area and has not entered the overbought or oversold area, indicating that there is no obvious extreme sentiment in the current market. EMA: EMA7 (1.6024) has crossed EMA30 (1.7218), but is still below EMA120 (1.8685), indicating that the short-term trend is positive, but the long-term trend is still bearish.
Volume:
The trading volume increased significantly from June 20 to June 27, especially on June 24 and June 26, indicating that the market activity has increased and there are signs of capital entering the market. The trading volume decreased on June 27, which may indicate the need for adjustment in the short term. $FET
