How will the market trend in the evening? Xiao A explains it for you!
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ABOUT
SUI’s 1-hour price trend: sideways.
This is a 1-hour OKX SUI/USDT candlestick chart. The latest price is: 1.6874 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 1.6800 USDT (considering the intertwined area of EMA7 and EMA30, this price is the support level for multiple rebounds in recent times)
Buy point 2: 1.6600 USDT (this price is close to the low point at 05:00 on September 25, which can be regarded as a strong psychological and technical support level)
Long stop loss point: 1.6500 USDT (slightly lower than the second buy point, providing enough space to avoid small fluctuations triggering the stop loss, and also a psychological barrier)
Selling point 1: 1.7100 USDT (close to the current latest price, if it rises back to this level, it may encounter short-term selling pressure)
Selling point 2: 1.7300 USDT (close to the high point at 11:00 on September 26, as a further profit target)
Short stop loss point: 1.7400 USDT (higher than the second selling point, giving short selling operations a suitable risk control space)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price fluctuations have intensified, especially the K-line with a long upper shadow that appeared at 06:00 on September 25, indicating that there is a large selling pressure at high levels.
Judging from the recent hours, the candlestick body has gradually narrowed and the closing price is close to the opening price, which may indicate that the market is indecisive.
Technical indicators:
The averages of DIF and DEA in the MACD indicator tend to be around 0, and the MACD histogram turns from positive to negative and then to positive, reflecting the fierce game between long and short forces in the market.
The J value of the KDJ indicator fluctuates greatly, but the overall trend is downward, suggesting that the momentum is weakening. Currently, the K and D lines are at a low level. If there is an upward crossover in the future, it may be a buy signal.
The EMA indicator 7-period EMA and 30-period EMA are intertwined, there is no obvious trend direction, and the market may enter a volatile state.
Volume:
After reaching its peak at 20:00 on September 24, trading volume began to gradually decrease, indicating that the previous price increase was accompanied by an increase in trading volume, and market participation declined afterwards.
Trading volume has continued to shrink in the latest time periods, which may mean that buyers and sellers in the current price range are waiting on the sidelines, waiting for clearer market signals.
NEIROETH
NEIROETH’s 1-hour price trend: Up.
This is a 1-hour K-line chart of Gate NEIROETH/USDT. The latest price is: 0.0927 USDT, including EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 0.0927 USDT (near the current price, EMA (7) and EMA (30) are both above the latest price, the short-term trend is bullish)
Buying point 2: 0.0890 USDT (the support area from 10:00 to 11:00 on September 26. If the price falls back to this point, there may be buying orders)
Long stop loss point: 0.0860 USDT (lower than the lowest price at 08:00 on September 26, providing enough space to avoid small fluctuations triggering stop loss)
Selling point 1: 0.0959 USDT (the high point at 18:00 on September 24, the market encountered strong resistance at this price)
Selling point 2: 0.1008 USDT (the highest price at 18:00 on September 24, serving as a psychological barrier and technical resistance level)
Short stop loss point: 0.1020 USDT (slightly higher than the second selling point, considering that short selling requires stricter risk control)
【Price trend analysis】
K-line pattern:
The recent K-line shows large price fluctuations. For example, the long upper shadow at 18:00 on September 24 indicates strong selling pressure, while the continuous small entities and lower shadows from 04:00 to 05:00 on September 25 suggest that buying has begun to intervene.
A bottom reversal signal appeared between 08:00 and 09:00 on September 26, and the price then rebounded.
Technical indicators:
In the latest data, the MACD indicator shows that the DIF and DEA values are close and the MACD histogram is positive, but the amplitude is not large, suggesting that there is no obvious trend in the market.
If the KDJ indicator J value exceeds 100 (such as 16:00 on September 26), it may indicate an overbought situation; if it is below 20, it may indicate an oversold situation (such as 06:00 on September 25).
The 7-period EMA of the EMA indicator is above the latest price, and the 30-period EMA is also above the latest price, indicating that bulls still have the upper hand in the short term.
Volume:
Volume increases during periods of large price movements, such as 22:00 on 09/25 and 18:00 on 09/24, which generally indicates higher market participation and potential price movement.
The trading volume has been relatively stable in recent hours, with no abnormal increase, indicating that the market has entered a calm state.
WLD
1-hour price trend of WLD: sideways.
This is a 1-hour Binance WLD/USDT candlestick chart. The latest price is: 2.103 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 2.080 USDT (considering that EMA(7) is above EMA(30), and the lows of the recent cycles form support near this level)
Buy point 2: 2.050 USDT (If the price falls back to this point, close to the low point of multiple hourly K lines, it can be regarded as a strong psychological and technical support level)
Long stop loss: 2.030 USDT (enough room to avoid small fluctuations triggering the stop loss, and below the second buy point and the recent low of 1.683 USDT)
Selling point 1: 2.140 USDT (close to the high point at 02:00 on September 26, there may be selling pressure)
Selling point 2: 2.180 USDT (near the highest price of the cycle in which the latest price is located, which may be a resistance level in the short term)
Short stop loss point: 2.200 USDT (higher than the second selling point, giving the market room to fluctuate, and exceeding the highest price in the current analysis period)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price fluctuations have intensified, especially between 17:00 on September 24 and 08:00 on September 26, when there were large price gaps and instability, indicating that market sentiment is intense.
From 23:00 on September 25 to 07:00 on September 26, the price showed a gradual upward trend. Many hourly K-lines closed above the opening price, and the real body was relatively long, indicating that buyers controlled the market.
Technical indicators:
The DIF and DEA values in the MACD indicator are close but the MACD histogram is still negative, suggesting that the current upward momentum may be limited or weakening.
The J value of the KDJ indicator is higher than the K and D values at the latest data point, which is generally regarded as an overbought signal and you need to be alert to the risk of a pullback.
In the EMA indicator, EMA(7) is always above EMA(30), indicating that the short-term trend is positive, but it is necessary to pay attention to whether the gap between the two begins to narrow as a sign of a trend change.
Volume:
Trading volume amplifies when prices fluctuate significantly, such as at 22:00 on September 24 and 08:00 on September 26, which increases the credibility of price fluctuations.
Trading volume has declined slightly in recent cycles. If future price increases are accompanied by an increase in trading volume, the upward trend may be confirmed. On the contrary, if prices rise but trading volume decreases, it may be that the upward momentum is insufficient.
※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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