A week's trading summary (9.16-9.22), the price of the currency soared and consolidated at a high level, how to plan for next week?
The perfect layout of the interest rate cut, the big cake concubine and the wife successfully predicted, and the short-selling ideas given over the weekend also perfectly matched the market trend. The on-chain monitoring data showed that a large amount of ether was transferred to the exchange, which must be prepared to increase the shipment, so we need to be careful of the market crash next week!
From the weekly perspective, this week closed positive again, the Bollinger band closed slightly, and the currency price broke through the Bollinger middle track strongly this week, but it has not stabilized yet. It is currently running near the middle track. KDJ formed a golden cross near the 50 axis, and MACD also turned upward at a low level, and the volume was reduced! The strength of the bulls is beginning to show!
From the daily line, the Bollinger Bands are wide open, the coin price is running below the Bollinger upper track, the daily line is five consecutive positive, and it is likely to close negative on Sunday. The three lines of KDJ are currently in a state of adhesion above the 80 axis, and there are signs of a dead cross. The MACD golden cross continues to diverge upward, and the volume is slightly reduced. According to the closing lines on Friday and Saturday, the coin price has signs of reaching the top! If the closing tomorrow morning is a negative line, then we have to consider whether the coin price has really reached the top!
From a comprehensive fundamental point of view, although the interest rate cut is good for the crypto market, the US stock market has only risen for one day after the interest rate cut, and the increase is not large. On Friday, it was even in a downward state! Therefore, Conan believes that there will be a large-scale retracement next week! Focus on our starting point 59200 and 60000 mark! The upper pressure focuses on 64200 and 65000
9.22 Bitcoin midnight and next week early morning operation ideas: enter the market to short near 63500 rebound, cover positions near 64000 (stop loss is adjusted according to own position), target is around 62500-62000, break and hold to see the situation!
Long ideas: interest rate cuts should be long-term positive for the crypto market. The market expects the Federal Reserve to cut interest rates twice this year, and the total interest rate cut this year will be 100 basis points or more, so after a sharp retracement, the mid-term long will be deployed! Refer to last week's starting point of 57500 and 59200! Build positions in batches! The target is 65000-70000!
9.22 Ethereum midnight and the next morning operation ideas: enter the market to short near 2630-50 rebound, cover positions near 2700 (stop loss is adjusted according to own position), target is 2580-40, break and hold to see the situation!
The great market conditions of golden September and silver October have officially begun!We will start medium and long-term planning next week. If you have ideas, prepare your positions. Conan will help you feel the charm of the trend!
