The four-hour cycle shows a pattern of four consecutive downward candles, with technical indicators synchronously releasing bearish signals: the three lines have crossed downwards and are diverging, the MACD red bars are continuously narrowing and approaching the zero axis, and the RSI indicator's three lines are turning downwards, highlighting the dominant bearish momentum in the short term. The one-hour level shows even more weakness, moving down along the lower Bollinger Band in a stepwise manner, the MACD double lines have crossed downwards deeply into negative territory, and the bearish momentum is accelerating, with the short-term trend significantly shifting from weak to bearish.
Suggestion Pancake: Do kongs at 106400-106800 Target levels: First target 104500, second target 104000, stop loss 107000 Two cakes: Make a loom at 2540-2560 - Target levels: First target 2480, second target 2450 Bamboo shoot 2580#BTC #ETH
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Analysis on June 9th early morning
The four-hour cycle shows a pattern of four consecutive downward candles, with technical indicators synchronously releasing bearish signals: the three lines have crossed downwards and are diverging, the MACD red bars are continuously narrowing and approaching the zero axis, and the RSI indicator's three lines are turning downwards, highlighting the dominant bearish momentum in the short term. The one-hour level shows even more weakness, moving down along the lower Bollinger Band in a stepwise manner, the MACD double lines have crossed downwards deeply into negative territory, and the bearish momentum is accelerating, with the short-term trend significantly shifting from weak to bearish.
Suggestion
Pancake: Do kongs at 106400-106800
Target levels: First target 104500, second target 104000, stop loss 107000
Two cakes: Make a loom at 2540-2560
- Target levels: First target 2480, second target 2450
Bamboo shoot 2580#BTC #ETH