Junyao from the currency circle: Analysis and operation suggestions on May 2
The daily chart of the big cake has fallen below the oscillating trend and is currently in a downward channel. From the analysis of the trend chart, there is no clear sign of a reversal of the decline. In the downward cycle, we should pay attention to the support level. If there are signs of a stop at the key support level, then this round of decline adjustment may have been completed.
During the decline, the short-selling force gradually weakened, the K-line entity gradually shortened, and a long lower shadow appeared. These are all signs of the decline of the short-selling force. The current price is close to the opening price of the first wave of rapid rise of the big positive line, which is also an important support. The large cycle restricts the small cycle, and the small cycle may evolve into a large cycle.
The trend in the afternoon maintains a bullish tone, but the entry point must wait for the confirmation of the retracement before entering the market. Although the MACD double line is upward, the subsequent trend is still unclear. The KDJ three-line trend is slightly up, and the market is increasingly bullish. The overall market tends to rise, but when entering the market, you should pay attention to the timing and wait for the callback before making a decision.
Junyao's operation suggestions:
Bitcoin: Do it around 56500-57000, and the target is around 60000.
Ether: Do it around 2850-2900, and the target is around 3100.
The short-term trend direction is disclosed on the entire network every day. If you can't open the Dan well, you can't run the short-term well. Friends who need to understand 🍑~ Welcome to dd Junyao↑🚗. #BTC🌪️ #ETH(以太坊)