#IO $IO IO Today's Market Analysis
At present, the 1-hour level clearly shows that the short side has the upper hand, while the 2/4-hour level has a purple signal point, indicating the possibility of a callback. The current market has reached a key price node, and special attention should be paid to the long-short watershed at the 4-hour level, which is around 2.479. If this price can be effectively stabilized, the 4-hour level is expected to rebound, and the initial rebound targets can focus on the three price levels of 2.531, 2.613 and
2.693.
However, if the market falls below the long-short line, the lower targets will point to the three price levels of
2.402, 2.356 and 2.319. It is worth noting that if the price does not fall below any of the above price levels during the callback process, it provides a good opportunity to enter the spot market with a light position, and friends can seize the opportunity!
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The long-short dividing line allows you to judge the direction, and the resistance and pressure levels are for you to judge the reduction of positions and move profit-taking. Those who can give you a unilateral market estimate that he has relatives in Wall Street. Pay attention to the market to make orders (BTC ETH). The software is dead, but people are flexible.
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