【people】Clinton Daily Analysis June 6
24-hour trend [Sideways]
【Buy and sell points】
Buy point 1: 0.110 USDT (reason: near the previous high and close to the EMA7 support level)
Buy point 2: 0.105 USDT (reason: near the previous band low, with strong buying support)
Long stop loss point: 0.100 USDT (reason: below buy point 2 to avoid further decline risk)
Sell point 1: 0.125 USDT (reason: near the recent high, there is selling pressure)
Sell point 2: 0.130 USDT (reason: integer barrier pressure level, a large number of sell orders may appear)
Short stop loss point: 0.135 USDT (reason: above sell point 2 to prevent further rise after breakthrough)
【Price trend analysis】
K-line pattern:
The recent K-line shows a clear upward trend, especially the big positive lines on June 1 and June 2. There were high-level fluctuations on June 5 and June 6, showing a certain amount of selling pressure.
Technical indicators:
MACD: Both DIF and DEA are above the 0 axis, and the MACD histogram is positive, indicating that it is currently in a bull market, but there are signs of weakening. RSI: The RSI14 value is close to the overbought area (above 75), and there may be a pullback pressure in the short term. EMA: The price is currently above EMA7 and far away from EMA30 and EMA120, indicating a strong rise, but be wary of the risk of a pullback after excessive deviation.
Trading volume:
The trading volume on June 1 and June 2 was greatly enlarged, accompanied by a surge in prices, indicating a large influx of funds. The trading volume on June 5 and June 6 decreased, indicating that there was a divergence at the high level.