Yueying: July 14 BTC ETH market analysis today — high-range consolidation forming a short-term top? Plus intraday strategy Let’s see today’s share!



Bitcoin Technical Analysis————
For Bitcoin, the previous long strategy has limited room for filled orders. On the daily chart, the recent candles turned bearish after a rise and pulled back to around the mid-band; intraday, the market opens with a slight rebound and then trades in sideways consolidation. The Bollinger Bands are flat, with the short-term moving averages running parallel; the MACD fast and slow lines are moving upward while the histogram volume is shrinking. The KDJ extends downward; watch for support near the 0 value. The VR indicator is consolidating around 110. On the four-hour chart, the price dipped and then rebounded, after briefly breaking below 62,000 it followed with consecutive green candles and an upside retest; it is currently trading around the 7 moving average. The Bollinger Bands opening is pointing downward, with short-term moving averages parallel. The MACD fast and slow lines are moving downward with green histogram volume shrinking. The KDJ has found support at the 0 value and has turned with a cross upward. The VR indicator is consolidating around 80. Overall, after a slight dump on Monday, volatility is currently not large. After testing support, there’s temporarily no breakdown of the daily mid-band. From the high-range consolidation area, resistance is temporarily strong above the prior high area; support is around the daily mid-band. For today’s intraday trades, enter around the daily mid-band and the 7-day moving average. Since the current price is in the middle range, do whichever side it touches first. The range is 63,500–61,800. If it breaks out, do not participate. Below is the intraday trading suggestion.

Bitcoin Intraday Suggestion: Go long at 62,000, go short at 63,200 (when the strategy is activated, profits are up to you to manage). Do first come, first served.

Ethereum Technical Analysis————

Ethereum Technical Analysis —————
On the four-hour chart, after dipping the market printed a needle-like candle and then saw a slight rebound intraday; it is currently consolidating and adjusting below the mid-band. Overall, the technical outlook and trading logic follow the same as Bitcoin above. The intraday execution method is also synchronized. For intraday, first focus on the 1,830–1,700 range; do whichever side it reaches first. Below is the intraday trading suggestion.

Ethereum Intraday Suggestion: Go long at 1,730, go short at 1,812 (when the strategy is activated, profits are up to you to manage).

——I’m Zhou Yuying, a teacher who focuses on technical analysis. If you have any issues with execution or trend, friends can exchange and learn operations with me! Let’s communicate and learn together, and profit together! #摩根士丹利增持千枚BTC $BTC
BTC4.18%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned