#今日市场观点
Let’s briefly talk about WIF (a fan asked yesterday, let’s talk about it today)
[Reference for grapefruit WIF trend analysis]
K-line shape: The recent K-line has shown an obvious upward trend of shock, with the price gradually rising from the low of 2.324 on October 9 to the latest price of 2.524. Within the 4-hour period, multiple K lines with longer lower shadows were formed, indicating that there is certain buying support below.
Technical indicators: MACD: The current DIF and DEA are close to the zero axis, and the MACD histogram has turned from negative to positive, showing that the strength of bulls has increased in the short term, but attention still needs to be paid to whether it can continue to break through.
RSI: The RSI value is 56.818, which is in the neutral to strong area and has not yet entered the overbought range, indicating that there is still room for upside.
EMA: EMA7 (2.426) has crossed EMA30 (2.422), and are both higher than EMA120 (2.226), showing a bullish arrangement, supporting short-term bullishness.
Trading volume: Trading volume has increased in recent trading cycles, especially during the price rebound, indicating increased market participation and increased bull confidence. Daily-level trading volume increased significantly on October 10, corresponding to the price increase, indicating that capital inflows drove prices higher.
[Yozi WIF recommended location reference]
Long order: around 2.45 (reason: close to the previous swing low and near the EMA7 support level)
Long order: around 2.4 (reason: support at the integer mark, and close to the support area of EMA30)
Suggested stop loss level: 2.35 (reason: below the buying point 2 to avoid the risk of further correction after falling below)
Short order: around 2.6 (reason: close to the previous high pressure range and an integer psychological mark)
Short order: around 2.65 (reason: breaking through the potential resistance level after the previous high, selling pressure may occur)
Suggested stop loss level: 2.7 (reason: above selling point 2 to prevent losses caused by false breakthroughs)
In the short term, it is still on an upward trend. The above is a personal analysis. You can decide whether to operate or not. You can control the profit and loss of public orders by yourself.
