Yesterday, the overall trend of the pancake white market revolved around a narrow fluctuation trend, with prices fluctuating back and forth in the range of 28600-28300. It reached a high of 29100 during the strong insertion of the needle in the afternoon, but failed to stabilize at the high level and quickly made a correction action
Yesterday, the overall trend of the pancake white market revolved around a narrow fluctuation trend, with prices fluctuating back and forth in the range of 28600-28300. It reached a high of 29100 during the strong insertion of the needle in the afternoon, but failed to stabilize at the high level and quickly made a correction action. Subsequently, it also showed a ladder like downward trend. From the perspective of the four hour level, the overall operating channel is currently in a state of contraction. After the price surged to the 30720 level, it failed to stabilize its high level, and quickly emerged from a significant downward trend. At present, the price is fluctuating around 28300, and there is no obvious downward trend. Although the short position is in a continuous volume state, it has not had a strong impact on the current price. There are signs of potential for the moving average to rise in a roundabout manner, It is recommended to focus on the low, long, and bearish thinking for the day.
Entry points: over 28100-28200
Stop loss: 27800
Stop profit: 28600-28800
The contractual perspective is for reference only, and one can control profits and losses independently
Yesterday, the fluctuation of the Ether market range was relatively slow and did not give much room. From a trading perspective, the Ether trend rose to a certain extent and then fell back, continuing to oscillate at low levels. From the continuous contraction of the Bollinger line in the four hour chart, the mid track support and the low point below form a double bottom support, so this position is crucial. We can continue to hold long positions until this support is breached. If the ether forcibly breaks through this support level, then some adjustments need to be made according to the trend. Based on the current panel layout, it is recommended to intervene in high altitude and low altitude.
Aggressive locations: around 1545-1535
Stop loss: 1510
Stop interest: 1580-1600
The contractual perspective is for reference only, and one can control profits and losses independently
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