It’s another new week, hello everyone, I’m Zhan Xuan! Next, let me tell you about Hangqing. Hangqing’s trend over the weekend basically maintained a small range oscillation, and the market volatility was not too large. But just now the market pinned to around 40200, I don’t know what happened. Based on how many friends stepped on Cha Zhen, the current market is running near 42100.
Judging from the four-hour technical structure chart, the Bollinger Bands are running open, and the KDJ three-line golden cross is upward. There has just been a big waterfall, accompanied by repeated market washes. We are currently paying attention to the lower support level of 40,000. If it falls, it may face deep adjustments. Generally speaking, the short-term trend remains within the range and seesaws back and forth. Although it has exited the sharp decline, the overall upward trend structure has not changed yet. Turning back one step at a time is the only way to restore the general trend. Every round of highs requires a correction. The trend is to bottom out, so following the long trend is the main rhythm in the short term. The current market trend is still biased towards short-term trend structure fluctuations, so the recent direction operation recommends mainly low and long.
BTC operation Zhanxuan’s personal suggestion: go long near 41750-41850, target 42300-42800, and defend 41100
ETH operation Zhanxuan’s personal suggestion: go long near 2225-2215, target 2260-2290
The above is only my personal opinion and for reference only. The article can only give you temporary direction and ideas. The specific operation is based on Shipan. If you are not sure and can't do it well, please feel free to ask!
