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ABOUT
SUI's 1-hour price trend: Down.
This is a 1-hour OKX SUI/USDT candlestick chart. The latest price is: 1.5535 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 1.5300 USDT (Considering the gap between EMA(7) and EMA(30), the current price fluctuates between the two. If the price falls back to this area, there may be support)
Buy point 2: 1.5000 USDT (near the recent low point, if the price drops further, this position may form a strong support)
Long stop loss point: 1.4800 USDT (leave enough space to avoid small fluctuations triggering the stop loss, and it is also near the low of the previous trading day, which is a key psychological price)
Selling point 1: 1.5800 USDT (a resistance level that has been repeatedly tested but failed to break through recently, suitable as an initial profit-taking point)
Selling point 2: 1.6200 USDT (close to the highest point but slightly lower than 1.6468, it is expected that the seller's pressure is greater, and it is suitable as a profit-taking point for a higher target)
Short stop loss point: 1.6600 USDT (exceeding the highest point in the recent cycle, providing a safety cushion for short selling operations and taking into account potential upside risks)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price volatility has intensified, especially the long upper shadow line with the highest price of 1.6468 at 11:00 on September 23, indicating that the sellers are under great pressure. In the following hours, the price fell back and the closing price approached the opening price, forming a short entity or a cross star, which may indicate increased market uncertainty.
From the overall trend, the price gradually climbed from the low of 1.4213 at 13:00 on September 22 to the high of 1.6468 at 11:00 on September 23, and then showed a fluctuating downward trend.
Technical indicators:
In the MACD indicator, both DIF and DEA are in the positive area, but the MACD histogram has turned from positive to negative, indicating that the bullish momentum has weakened and may enter a stage of adjustment.
In the KDJ indicator, the J value appears extreme at some time points (such as 99.09 at 03:00 on September 23), indicating potential over-buying or over-selling. Currently, both the K and D lines are downward, and the K line has fallen below the D line, indicating a possible downward trend.
In the EMA indicator, EMA(7) is above EMA(30) at the latest data point. Although the gap is narrowing, it still shows that the bullish trend is dominant in the short term. However, we need to be alert that EMA(7) may cross EMA(30) and form a death cross signal.
Volume:
When the price reaches its peak, the trading volume is significantly enlarged (such as 3349820.2577 at 11:00 on September 23), which is usually accompanied by the formation of a price top.
Volume then begins to decrease, matching the price decline, indicating that upward momentum is fading and participants are less interested in the current price levels.
HOW MANY
CATI's 1-hour price trend: Up.
This is a 1-hour OKX CATI/USDT candlestick chart. The latest price is: 1.0290 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 0.9500 USDT (EMA(7) is currently near the support level, the price has the potential to rebound)
Buy point 2: 0.9000 USDT (recent low point area, if it falls below, it may attract buying orders)
Long stop loss: 0.8800 USDT (gives enough room to avoid small fluctuations triggering the stop loss, and is below the nearest important support level)
Selling point 1: 1.0300 USDT (close to the high point of the current cycle, may face selling pressure)
Sell point 2: 1.0600 USDT (above the recent high, a psychological key resistance level)
Short stop loss point: 1.0700 USDT (leave a buffer area to reduce false signals caused by breaking new highs)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price fluctuations have intensified, especially in the period from 19:00 to 20:00 on September 20, when there were large increases and decreases, indicating that market sentiment is unstable.
The K-line at 20:00 on September 20 was a long upper shadow line, and the closing price was close to the opening price, suggesting that buyers tried to push up prices but failed to sustain.
Technical indicators:
In the MACD indicator, both DIF and DEA are on an upward trend, and DIF is above DEA. The MACD histogram also shows a positive value, which is usually regarded as a bullish signal.
The J value in the KDJ indicator is 97.07, which is in the overbought area, which may indicate that there is a risk of price correction in the short term.
EMA(7) is always above EMA(30), indicating a positive short-term trend. However, we should be aware that if EMA(7) starts to cross downwards over EMA(30), it may generate a bearish signal.
Volume:
Trading volume increases significantly when prices fluctuate significantly. For example, the trading volume at 18:00 on September 20 was much higher than the previous and later periods, reflecting the strong buying and selling interaction at this price level.
Overall, volume increases as prices rise, which supports the current uptrend.
NEIROETH
NEIROETH’s 1-hour price trend: sideways.
This is a 1-hour K-line chart of Gate NEIROETH/USDT. The latest price is: 0.0835 USDT, including EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 0.0840 USDT (considering the proximity of EMA(7) and EMA(30), this price may form support)
Buy point 2: 0.0820 USDT (If the market pulls back, this price is close to multiple hourly lows and can be considered a strong support area)
Long stop loss: 0.0800 USDT (enough space to avoid small fluctuations triggering stop loss, and the price is lower than the lows of the recent cycles)
Selling point 1: 0.0860 USDT (near the current average of EMA(7) and EMA(30), which may serve as resistance in the short term)
Selling point 2: 0.0880 USDT (near the recent high point, if the price can rise to this point, it may face selling pressure)
Short stop loss point: 0.0900 USDT (exceeding the recent high, providing a safety buffer for short operations)
【Price trend analysis】
K-line pattern:
The recent K-line shows large price fluctuations, especially the significant highest price of 0.0968 during the 12:00 period on September 23, but then the price fell back. This may indicate market uncertainty or the impact of extreme events.
Judging from the recent hours, the length of the K-line body has gradually shortened, and the upper and lower shadows are not obviously too long, indicating that the market has stabilized after the previous violent fluctuations.
Technical indicators:
The DIF and DEA values in the MACD indicator are close and the MACD histogram value is very small, which means that the long and short forces are relatively balanced, and there are no obvious buy and sell signals at present.
The J value in the KDJ indicator fluctuates, but the overall K, D, and J lines are entangled with each other, with no clear direction yet, indicating that range fluctuations may be maintained in the short term.
In the EMA indicator, EMA(7) and EMA(30) are very close, and even cross each other at some time points, which usually indicates a sideways consolidation state.
Volume:
When the price reaches its highest point, the trading volume increases (such as 12:00 on September 23), and then the trading volume declines, which is consistent with the characteristics of increasing trading volume at the price top.
The trading volume in the latest few cycles has been relatively stable, with no abnormal increase or decrease in volume, further supporting the fact that the current market is in a wait-and-see phase.
※All content is provided by the intelligent analysis assistant Xiao A. All content is for reference only and does not constitute any investment advice!
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