BTC daily candlestick sees the real body of the previous K line forming a Bullish line and breaking through the previous high-volatility range. After the opening of the day, it continues to test upwards. The Bollinger Bands are running upwards, with short-term moving averages maintaining an upward trend. The MACD fast and slow lines are extending above the 0 axis, and the volume bars are once again increasing. The KDJ has turned upwards and crossed above the 80 value, while the VR indicator is consolidating near the 180 value. Looking at the 4-hour chart, the market slowly rose after receiving support at the lower rail, with the Bollinger Bands in an open state and the short-term moving average running upwards. The MACD fast and slow lines have changed their previous form and are running upwards after crossing, with the volume bars increasing for the second time. The KDJ remains upwardly extended, paying attention to the resistance near the 100 value, while the VR indicator is consolidating near the 110 value. Overall, the market still maintains a pump trend, and it is recommended to continue to retreat in the short term and focus on going long. The short-term support is around 64500-64000, so it is suggested to follow this range in the short term.


BTC short-term recommendation: 64500 or more

As for ETH, its performance is still weaker than before, while BTC has broken the previous high. The rebound force of ETH is still relatively weak. However, the correlation still exists, so the general trend cannot deviate too much. We can refer to BTC for technical analysis. The previous high resistance should be followed for the time being. Even if it is broken, do not blindly chase after it. For long positions, we should wait for the confirmation of the retracement support before entering the market. According to the Candlestick pattern, the strong short-term support is around 2550-2530. As long as this support is not broken, the market can continue to be bullish, otherwise we should be cautious. For short-term aggressive traders, they can refer to the support zone around 2580 to enter the market and take short-term positions.
ETH short-term recommendation: long at 2595
BTC-0.79%
VR4.62%
ETH0.39%
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GatheringWealthAndProvip
· 2024-09-28 07:49
Ambush 100x coin 📈
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Ryakpandavip
· 2024-09-28 07:48
All in All in 🙌
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