Bitcoin to US Dollar
(BTCUSD)
The trend turns from upward to volatile during the day
BTC upper resistance 69200?
trend analysis:
BTC daily line is in the bullish range, or will it stop rising and turn to volatility?
Strategic Analysis:
Go bullish with a light position near the bull-short dividing line and the first support level. If a large negative line falls below the first support level, turn to wait and see.
Keep a light position and be bearish near the second and third resistance levels. If a large positive line breaks through the third resistance level, switch to wait and see.
Technical review:
BTC closed with a positive line on the daily chart, with the real body and the lower shadow each accounting for half, and MACD is above the 0 axis; the price is at the daily level resistance level in recent months, BTC is facing a price pullback, BTC on the hourly chart has triggered a divergence and ended the upward trend, and the four-hour level is in a divergence state, or the upward trend has ended. Is shorting mainly on rallies during the day?
Support and resistance levels:
The first resistance is 67400; the second resistance is 68400; the third resistance is 69200
Long and short dividing line 66300
The first support level is 65120; the second support level is 64300; the third support level is 63300
Ethereum to US Dollar
(ETHUSD)
The day is mainly volatile
ETH upper resistance 3544?
trend analysis:
ETH hourly cycle is in a range of fluctuations, or is it fluctuating and turning downward?
Strategic Analysis:
The long-short dividing line, go long with a light position near the first support level. If a large negative line breaks through the first support level, turn to wait and see.
Take a bearish stance with a light position near the first and second resistance levels. If a large positive line breaks through the second resistance level, switch to wait-and-see.
Technical review:
On the daily chart, ETH closed with a positive line, with a small real body and a long lower shadow, and MACD was above the 0 axis; on the hourly chart, ETH continued to maintain an oscillation range, and the four-hour level was in a divergence state. Is shorting mainly on rallies during the day?
Support and resistance levels:
The first resistance level is 3538; the second resistance level is 3620; the third resistance level is 3700
Long and short dividing line 3474
The first support level is 3410; the second support level is 3370; the third support level is 3320