[Saturday, September 14th, Bitcoin and Ethereum Trend Analysis]
Daily Trend Analysis:
Bitcoin closed with a real big positive line on the daily line, with an upper lead, and the price broke through the middle track of the Bollinger Bands and is now in the middle and upper track range. The Bollinger Bands closed significantly, and the KDJ indicator showed a golden cross upward, but the J line slowed down, indicating that there is a need for repair at high levels. MACD maintained a golden cross and increased volume, indicating that the bulls still have the upper hand, but there is also the possibility of a short-term correction.
Four-hour line analysis:
In the four-hour cycle, the Bollinger Bands opened sharply, and the price broke through the upper track. The KDJ indicator formed a golden cross, and the J line also slowed down. The MACD golden cross increased volume strongly, and the bullish sentiment was strong, but it is necessary to pay attention to the possible retracement. Pay attention to the pressure level of 61200 above, and the support level below is around 58500.
Operation suggestions:
Bitcoin: Short orders can be arranged in the 60500-60000 range, with the target looking at 59500-58500.
Ethereum: The operation strategy can be carried out simultaneously with Bitcoin.
