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: Down.
This is a 1-hour OKX SUI/USDT candlestick chart. The latest price is: 1.6517 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 1.6400 USDT (considering that the price may have support near the intersection of EMA(7) and EMA(30))
Buying point 2: 1.6200 USDT (close to the low point at 01:00 on September 28, the historical price has rebounded in this area)
Long stop loss point: 1.6050 USDT (slightly lower than the second buying point, to give the market room to fluctuate and avoid small fluctuations triggering stop loss)
Selling point 1: 1.6700 USDT (the high point of several recent rebounds, which can be used as an initial profit target)
Selling point 2: 1.6900 USDT (close to the high point at 19:00 on September 27, if it breaks through, it may rise further)
Short stop loss point: 1.7000 USDT (exceeding the selling point 2, providing enough space to prevent the stop loss from being triggered by small fluctuations)
【Price trend analysis】
K-line pattern:
The recent K-line shows that the price fluctuates greatly. For example, the long upper shadow from 04:00 to 05:00 on September 28 indicates strong selling pressure. From 19:00 to 20:00 on September 27, a long upward K-line appeared, suggesting that buyers control the market.
A specific candlestick combination that does not show a typical reversal or continuation pattern within a specific time period.
Technical indicators:
MACD indicator: The latest MACD value is negative (-0.0042), and DIF is lower than DEA, indicating that there may be a downward trend in the short term.
KDJ indicator: The J value is 8.69, which is relatively low and may indicate an oversold situation, but it is necessary to observe whether there are signs of a rebound.
EMA indicator: EMA(7) is lower than EMA(30), which is usually regarded as the short-term trend is weaker than the long-term trend and may be a signal of a downtrend.
Volume:
Trading volume increased significantly during certain periods, such as 01:00 and 02:00 on September 28, accompanied by a decrease in price, which may indicate active selling.
The trading volume has gradually decreased in recent hours, which is consistent with the slight rebound in prices, but there is a lack of strong volume support and the uncertainty of subsequent trends is high.
NEIROETH
NEIROETH's 1-hour price trend: Down.
This is a 1-hour K-line chart of Gate NEIROETH/USDT. The latest price is: 0.0845 USDT, including EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 0.0890 USDT (Considering the downward trend of EMA (7) and EMA (30), the price may continue to bottom out. If the price can stabilize above this level, it can be regarded as a short-term support level)
Buy point 2: 0.0870 USDT (near the recent lowest price. If the price falls to this area, there may be strong support, which is suitable as a more conservative buy point)
Long stop loss: 0.0850 USDT (enough space to avoid small fluctuations triggering the stop loss, and also below the previous low. If it falls below, it may be further bearish)
Selling point 1: 0.0920 USDT (above the current price and close to the short-term moving average MA(5). If the price rises back to this point, it may encounter resistance)
Selling point 2: 0.0950 USDT (close to the high point at 19:00 on September 28. If the price can break through this resistance level, it may attract more buyers to enter the market)
Short stop loss point: 0.0970 USDT (exceeding the recent high. If the price reaches this level, it may mean a trend reversal and you should exit the short position in time)
【Price trend analysis】
K-line pattern:
The recent K-line shows that the price fluctuates greatly, with several long upper shadows (such as 21:00 on September 28 and 16:00 on September 27), indicating that buyers tried to push up prices but failed to maintain them, and there may be selling pressure.
The big positive candle at 15:00 on September 28 was followed by a series of K-lines with small entities and short shadows, suggesting that the market was hesitant at this stage.
Technical indicators:
MACD indicator: The latest MACD value is negative and DIF is lower than DEA, showing a dead cross state, and the bearish signal is strong in the short term.
KDJ indicator: The J value is higher than the K and D values in most time periods, but the overall trend is downward. Recently, the three lines of KDJ are close to converging, which may indicate a potential reversal or a volatile market.
EMA indicator: 7-period EMA is always lower than 30-period EMA, indicating that the short-term and medium-term trend is bearish. The current price is below both EMA lines, further confirming the downward trend.
Volume:
Trading volume increases during certain periods (such as 15:00 on September 28), accompanied by price increases, which usually indicates strong buying power.
However, the volume subsequently tapered off and the price failed to make new highs, which could mean that the upward momentum is waning.
BABY
PEPE's 1-hour price trend: sideways.
This is a 1-hour K-line chart of HTX PEPE/USDT. The latest price is: 0.000011245762 USDT, including EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 0.000011300 USDT (EMA(7) is above EMA(30), the short-term trend is still positive, you can consider entering with a light position at this price)
Buy point 2: 0.000010900 USDT (near the recent low point, if the price falls back to this level, there may be support, suitable for increasing positions to buy)
Long stop loss point: 0.000010800 USDT (lower than the second buy point and leave a buffer space to reduce the risk of triggering stop loss due to small fluctuations)
Selling point 1: 0.000011500 USDT (close to the recent high, facing pressure, initial profit taking)
Selling point 2: 0.000011700 USDT (exceeding the previous high point, if it breaks through, it may be further bullish, but some profits will be realized first)
Short stop loss point: 0.000011800 USDT (higher than the second selling point, to provide protection for short selling and prevent the price from reversing and rising further)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price volatility has intensified, especially the long upper shadow line that appeared between 10:00 and 11:00 on September 28, indicating that buyers tried to push up prices but failed to maintain them, and prices subsequently fell back.
Judging from the recent hours, the closing price is not much different from the opening price, and most of them show short entities, indicating that the current market is not decisive and may be in a consolidation stage.
Technical indicators:
The averages of DIF and DEA in the MACD indicator are close and the length of the MACD bar does not change much, suggesting that the current market trend is not obvious and lacks clear direction.
The J value of the KDJ indicator is lower than the K value and D value in the latest data, which may indicate an increase in selling pressure in the short term and we need to be alert to potential downside risks.
EMA(7) is always above EMA(30), indicating that the upward trend is still maintained in the short term, but the distance between the two is gradually narrowing, and we need to pay attention to whether a crossover will occur.
Volume:
When prices fluctuate sharply, trading volume also increases accordingly. For example, the trading volume at 10:00 on September 28 was much higher than other time points, reflecting that the market participation was high and the price fluctuations were sharp during that period.
The slight decrease in trading volume in recent cycles may mean a decline in market activity, and subsequent trends may depend on new market information stimuli.
※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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