Analysis of the big cake market on June 30th at noon.


The price comparison has gradually emerged from the oscillating trend after two days of consolidation over the weekend. In the early hours, the price fell back to around 107400 for consolidation and correction before breaking through 108700 again. Currently, it is consolidating at a high level near 108400, and the range continues to rise. At present, the tug-of-war between bulls and bears is showing signs of reversal again.
The daily chart shows a four consecutive bullish candles followed by a doji, with the candlestick breaking through the middle band of the Bollinger Bands, indicating a clear stagnation. On the four-hour chart, the Bollinger Bands have contracted and then opened up, with the candlestick gradually approaching the upper band. If it can break through the resistance area at 108800 and stabilize, it may open up upside potential. From the one-hour perspective, after completing the four consecutive bullish momentum, the market has shown a key reversal with the first real bearish candlestick, clearly indicating a weakening bullish momentum. From a technical analysis standpoint, the MACD indicator shows a death cross at a high position, and the RSI has entered the overbought correction zone, with notable short-term topping characteristics. The suggestion for subsequent operations in the afternoon is to enter short positions near 108600, looking down to the support level at 107500; if broken, we can look at 106500. Be sure to maintain good risk management.
Big cake; Short near 108500-109000, target at 107500-106000, defense at 109500
Ethereum; Short near 2510-2530 Target at 2450 Defense at 2550#特朗普税改法案
BTC-1.34%
ETH-1.12%
TRUMP-1.3%
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