Academician of currency circle: Bitcoin will stretch expectations in the short term on October 2, and the rebound opportunity should not be missed! Latest market analysis reference
As the first day of this month's opening, the daily K-line fell below the five major moving average indicators from the high of the trend line, and fell from 64,100 to above the 60,000 mark. As of press time, the current price of Bitcoin is 61,500. From the overall trend, the daily K-line will have the opportunity to open long positions again only after breaking the EMA15 pressure level of 62,800. Otherwise, the short position will continue again. After all, the original support of the trend indicator has become the current strong pressure, especially the two positions of EMA30 and EMA15.
Technical indicators MACD shrinks and increases, DIF The DEA high spreads downward to form a dead cross, but the top divergence market has not ended and still exists. The Bollinger Bands are shrinking, and the top pressure level has reached 66900. The lower rail support focuses on 58200. The short-term balance point focuses on 62600. It can be seen that there will be a wave of stretching in the short term. The target can be seen at the market near 62500. KDJ spreads downward into the oversold area, so there is a need for a rebound after the dive.
The four-hour K-line closed with a positive line after four consecutive negative lines. The EMA15 trend indicator fast line has crossed 30, 60 and 90 from the high level. The three major trend lines begin to hit the EMA120 pressure level of 62600. There is a need for a correction in the short term, and the space is not very large. You can catch a short-term bullish trend. MACD shrinks and increases funds. DIF and DEA diverge downward at the short-term level. The long-term top diverges and the two diverge. The Bollinger Bands open, and the K line continues to spread around the lower track 60800 support. KDJ forms a golden cross upward at a low level. In other words, there is a wave of stretching in the market in the short term, but the long-term trend is empty, so the short-term bullish trend cannot last too long.
Short-term thinking reference: The market is not 100%, so you must bring Good stop loss, safety first, small loss and big profit is the goal
62500 to 62800 above, short, target 61500 and 60800, break to 60000, stop loss 300 points
59200 to 59500 below, long, target 60000 to 61000, break to 61500, stop loss 300 points
Specific operations are based on real-time data of the market. For more information, please contact the author. There is a delay in the release of the article. The suggestion is for reference only and the risk is borne by yourself
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