7.20 evening market analysis of the big pie


Looking at this short-term intraday chart, the price first dipped to the 1853.60 low and then kept rebounding upward. In the short term it has been rising all the way; it is currently holding around 1871. The overall intraday fluctuation isn’t big—over the past 24 hours, it is down slightly by 0.21%.
In the short term, the two moving averages have already turned upward, providing support for the current price. The ability to absorb orders at the lower levels is still fairly good, and the MACD indicator also remains in a slightly bullish range. There is slight resistance around 1872, which has temporarily prevented further upside. The short-cycle trend is more of a choppy upward move. Focus on support around 1866: as long as support holds and doesn’t break, the rebound rhythm from lower levels can be maintained. If support is lost, the market will fall back and adjust again.#二饼
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BullBloom
· 07-20 17:35
Tonight’s price action matches the analysis pretty closely. Don’t let support at 18.66 million break; if it breaks, then we’ll look at 18.40 million. But right now the sentiment is still okay—I’m just holding my spot positions and not doing anything.
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MinerRetireFund
· 07-20 16:11
The moving average lines turning indicates short-term capital is flowing in, but at the level of 1,872 there has been repeated testing without breaking through, with intense long-versus-short competition.
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PhishBaitAnalyst
· 07-20 16:08
Once 1866 holds, everything will be stable. A pullback is a chance to get in.
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AirdropInteractor
· 07-20 15:22
The analysis is very clear, but I’m a left-side trader. I’ve already placed a pending order at 1850 as a trap—if it breaks down, I’ll add to my position. The “two-bite” setup at this level still has a decent value-for-money.
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