Suggestions for mainstream currency operations on Tuesday
There were frequent news on Monday, and the Ethereum market broke away from the indicator, harvesting up and down, but it is still in an upward trend overall. After the market broke twice this morning, the price of the currency did not rise much.
From the daily K-line chart, Bread and Ethereum have appeared K-lines with long lower shadows for many consecutive days, which shows that the support below is quite strong and the market has certain buying support.
However, in the hourly technical indicators, the Bollinger Bands are closing very seriously, the middle track has been continuously raised, the currency price space has been compressed again, the volume above the 0 axis is very weak, and the fast and slow lines overlap and are inseparable. The fast and slow lines of MACD are gradually approaching the zero axis, and the red bar chart is slowly shortening. This may be a warning, indicating that the trend may face a certain risk of callback, that is, the price may fall temporarily.
Bollinger Bands, the high-level shrinking K-line has broken through the pressure level of the upper track, which is a signal worthy of attention. At present, the support level of the middle track is around 63,300, while the KDJ indicator has diverged and shrunk downward, which means that the overall trend may have a certain space for retracement. If the main support level is not broken, you can go long!
Bitcoin 62500-62900, target around 64000
