The currency circle has happened early🥇🥇🥇2024-9-16
Analysis of the trend of big cake and second cake, wealth code, long and short ambush points...
BTC 4-hour K-line trend:
Pressure level: around 60316~61168
Support level: around 58202~58872
ETH 4-hour K-line trend:
Pressure level: around 2396~2465
Support level: around 2244~2308
Bitcoin 4-hour K-line cycle shrinks and falls, KDJ indicator is no more than 80 and forms a dead cross below 80, 1-hour MACD indicator appears to leak oil in the air, and the fast and slow lines first fall below the 0 axis, 2-hour, 3-hour, and 4-hour MACD indicators all form a rootless water pattern above the 0 axis, and the direction resonates in a downward trend. The overall market is bearish, and there is a need for continued price correction in the later period. Once the price rebounds to the pressure level of the small-cycle Bollinger middle track or the chip-intensive area, it is the best time for the air force to go🥰! (Please wear stop loss, fasten your seat belt and take three protective measures to get out of the trap)
Short-term operation thinking: When the price falls back to the important support level marked above, you can enter the market with a light position and long orders (spot thinking);
Investment is risky, and you need to be cautious when entering the market. The above analysis is for reference only! You can also make some corresponding layouts of altcoins based on the linkage effect of Bitcoin!
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