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Market review:
BTC traded sideways for a day yesterday, taking the Bollinger Bands to close the market at the one-hour level, and after closing the market in the early morning and at four o'clock in the morning, the lowest point was 51279, and the highest point was around 51958.
Today's Quote:
Today just closed the weekly line, after two consecutive weeks of bullish line rise, last week closed the doji, a very healthy large level trend, the weekly level of the doji oscillation to repair the daily level of overbought, if last week's closing line is a rising relay doji, the market is still bullish. The daily level of the Bollinger Bands closing is expected to be completed this week, this week's market may have a small level of direction selection, at the end of the closing probability will rise and shock, the moving average system is still temporarily wound 5-day and 10-day moving averages, the purpose of the sideways is on the one hand the Bollinger Bands closed, on the other hand, waiting for the MA30-day moving average to move up, there is a demand to step back. The four-hour level is back to the upper Bollinger band, but indicators such as the MACD do not have the conditions to continue bullish for the time being. It is necessary to pay attention to whether the one-hour level will step back on the Vegas channel for the second time, as long as it does not fall below 51300, the market is still in a strong state. Fifteen minutes have gone back to step on the Vegas channel, and there is a tendency to open the bell mouth in the lower Bollinger band, Short Term Short not Short idea for the time being, because it is closer to strong support.
The rhythm of the exercise will be found that the rhythm is basically the same as last year, after the BTC Sideways, the cottage rotates over, and then finally Ether a wave of relay, for the time being, guess the rhythm of the market, Ether a day or two after the market is also the last shock of the BTC daily Bollinger Bands closing, will it go together with a wave of highs and lows of more than $2000 (random guess, does not represent investment advice) #币圈 #币圈[超话]
Today's focus is on
Upper pressure 51800-52500
Support below 51300-50500