Mr. Coin in the Coin Circle: 9.17 Bitcoin (BTC) Market Analysis Reference
Bitcoin's intraday market fluctuated downward, and the price also broke slightly, but the subsequent multiple attempts failed to fall below the 57,500 support line. The price also ushered in a small rebound in the early morning, and the low level refreshed and touched the position near 57,500 before rebounding slightly. As of today, the bullish sentiment is sluggish, and the rebound strength has weakened again. If it falls below the 57,000 support line in the future, the space below will open up again.
From the daily level chart, the trend ended with a negative line for three consecutive days. Yesterday's repair also failed to break through and stabilize the 59,000 line. The subsequent rebound began to be weak. The downward trend that was temporarily suspended yesterday broke out again. The current high is under pressure near 59,300. The current price is hovering near the daily Bollinger middle axis. If this range is effectively broken during the day, the currency price may test the 56,000 line. Be careful of the price falling again.
From the short-term 4-hour chart, the price of the currency has been moving down after being under pressure. The current situation has entered a rhythm of slow rise and fast fall, and the overall short position has a slight advantage. The fast and slow lines of MACD in the 4-hour period continue to diverge downward, and the EMA moving averages are above the currency, showing a short trend. The upper 7-day moving average and the 30-day moving average cross at 58,800 to form a line of suppression. The 4-hour K-line chart has many consecutive negative lines. The current rebound is not strong, so it is not recommended to blindly chase more, and be careful to prevent the market from retreating to support again. It is recommended to rebound short orders as the main and long orders as the auxiliary for intraday operations. Focus on 58800 for upper suppression and 57000 for lower support.
9.17 Bitcoin short-term reference:
Long orders, long in the 56000-56400 range, defense 55000 replenishment, stop loss 300 points, target above 58000,
Long orders in the 55100-55400 range, target above 56500, stop loss 300 points,
Short orders, short in the 58400-58900 range, target below 57500, defense 59800 replenishment, stop loss 60200
9.17 Ethereum evening short-term reference:
Short orders: 2310-2341 short , defense 2460 replenishment, stop loss: 2480 target below 2250,
For long orders, pay attention to the situation of 2200 breaking 2130-2100 range, stop loss 50 points, target above 2220,
There is a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly. No matter how high your judgment of the market is, you must take profit and stop loss well, and put the profit in the bag $BTC #BTC #ETH🔥🔥🔥🔥 #ETH🔥🔥🔥🔥🔥🔥 #热门事件 #加密市场急跌
