Yueying: June 18-19 Bitcoin Ethereum Today's Market Analysis, Midtrack Unstable Will Retrace Again, Attached Short-term Strategy

CN
3 hours ago

In a person's self-discipline lies infinite possibilities; the degree of your self-discipline determines the height of your life.

There are no shortcuts in life, but every step you take counts.

The more diligent, the more effort; the more self-disciplined, the more excellent. I am Zhou Yueying, focusing on the analysis of mainstream currency trends, providing insights on the market based on my own technical analysis.

Yueying's strategy here has only precise points, no ambiguous ranges and nearby areas, friends who like Yueying can click to follow. Let's see today's share!

Technical analysis of Bitcoin————

Bitcoin's daily line shows that the last K was blocked at the middle track and retracted after closing. The opening today continued to show volatility, breaking below the 7-day average. The Bollinger Bands are narrowing, with short-term averages running parallel, MACD fast and slow lines are moving upwards, volume bars are decreasing, and KDJ crossed downwards, paying attention to the support near the 50 value, while the VR indicator is consolidating around the 30 value. Looking at the four-hour chart, the market is fluctuating downwards around the lower track, currently running below the 60-day average. The Bollinger Bands are opening downwards, and the short-term averages are running downwards, with MACD fast and slow lines extending downwards and the green volume bar increasing, KDJ is turning downwards again, with attention to the support near the 0 value, while the VR indicator is consolidating around the 90 value. Overall, the news from the rate meeting early in the morning met expectations to remain unchanged, and after the market rebound, it did not continue but tested downwards after a washout. The daily middle track has not stabilized, currently fluctuating below the middle track and the 7-day average, with a short-term weakening of the trend, paying attention to the breakthrough of resistance at the middle track and the 7-day average, while the support below has also moved down to above 62500. Now, while testing the support near 64000, if it breaks below, it will extend downwards. Therefore, focus on entering the range of 62500-65000 in the short term, adjusting again if it breaks above or below. View short-term suggestions.

Short-term suggestion for Bitcoin: Long at 62800, Short at 64500 (strategies activated, profits managed by yourself)

Technical analysis of Ethereum————

Ethereum's four-hour chart shows that today's market is weak and narrow fluctuations downwards, currently blocked near the 7-day average. Overall technical movements reference Bitcoin, with short-term resistance continuing to focus on the previous high, and support to watch around 1680, looking at short-term suggestions.

Short-term suggestion for Ethereum: Long at 1700, Short at 1810 (strategies activated, profits managed by yourself)

——I am Zhou Yueying, a teacher focusing on technical analysis. Anyone with questions about operations or trends can communicate and learn with me! Let's share and profit together!

The publication of this article has a delay in review, and the market is changing rapidly; the above suggestions are for reference only, risks are borne by yourself! The market changes every day, what I can do is use my years of practical experience to provide some slight help, guiding your investment decisions and management towards the right course. Meeting is fate, and I am someone who believes in fate. If you have any doubts in the cryptocurrency circle, you can follow Zhou Yueying more, and I believe it will help you.


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