Mr. Coin in the Coin Circle: 9.13 Bitcoin (BTC) Market Analysis Reference
Bitcoin has been in a stalemate in recent days, but it has failed to fall below the 57,000 support level after several pullbacks. The subsequent rebound also tested the 58,500 barrier above. The trend continued to rebound in the early morning of the day, and the market fluctuated from a high level. The current price is close to the 57800 line again. The intraday high has been under pressure near 58500 for many times. The price fluctuation has begun to gradually slow down, but the recent trend has a large fluctuation in the range. From the short-term hourly chart, the Bollinger Bands are closing, and the trend is running in the middle and upper track area. The short-term rebound momentum has weakened. The recent price fluctuates in the 57000-58500 range. It is obvious that the range is repaired and sorted. In addition, the long upper shadow line has appeared recently, indicating that the upper pressure is still relatively large. The fast and slow lines of the MACD 4-hour cycle are above the zero axis, but the fast 30 and EMA lines are gradually approaching the slow line, and there are signs of a dead cross. The EMA 4-hour cycle EMA7 is close to the current currency price, and EMA 30 and EMA120 are both below the currency price. The short-term trend is biased towards bulls, but there are signs of a correction. If the price cannot refresh the previous high in the future, the market may still pull back to test the support below. I hope you will be prepared in advance. Although the price has rebounded during the day, the overall trend is still within the range, so it has not broken the key position. It is not recommended that you blindly chase the rise and fall.
9.13 Bitcoin short-term reference:
Long order, long in the 56500-56000 range, defense 55000 replenishment, stop loss 300 points, target above 57000,
Long order 57000-57300 range, target above 58100,
Short order 2, short in the 58400-58900 range, target below 57500, defense 59900, stop loss 60300
9.13 Ethereum short-term reference:
Short order: short in 2400-2381, defense 2480 replenishment, stop loss: 2400, target below 2320 ,
For long orders, pay attention to the 2300-2330 range, stop loss 50 points, and target above 2370.
There is a delay in sending the article. The strategy suggestions are for reference only. The market changes rapidly. No matter how high your judgment of the market is, you must take the stop profit and stop loss well and put the profit in your pocket.
