Yueying: 9.19 Bitcoin Ethereum today's market analysis. Can BTC's strong structure challenge 120,000 again?
I am Zhou Yueying, let's see today's sharing!
BTC Technical Analysis————
Bitcoin's daily trend shows that the market continues to maintain high volatility. The previous K line found support at the seven-day moving average and closed as a bullish candle. The opening of the day experienced narrow fluctuations with the Bollinger Bands slightly opening. Short-term moving averages continue to run upward, and the MACD fast and slow lines extend upward with a decrease in volume. The KDJ curves downward and forms a crossover, while the VR indicator consolidates around the value of 110. On the four-hour chart, the early morning K line encountered resistance at the upper band and closed as a bearish candle, breaking below the seven-day moving average and testing the support around the middle band. The Bollinger Bands are narrowing and flattening, with short-term moving averages showing signs of turning downward. The MACD fast and slow lines again curve downward and cross, while the volume bar turns green and expands. The KDJ crosses downward, and the VR indicator consolidates around the value of 80. Overall, the market is in a volatile upward structure. Today is Friday, so be cautious of a one-sided market. The short-term support to watch is around 116,000, followed by 115,000. The short-term resistance to pay attention to is near the previous high, followed by below 119,000, focusing on short lines.
BTC short term: 116200 long (115300 long), 117700 short (118500 short) (strategy activation has room for self-adjustment)
Auntie's technical analysis————
Auntie Tai's previous short position at 4625, the market has dropped around 4633, creating a space of 100 dollars. The daily line shows that the previous candlestick closed as a doji and the opening price has fallen below the 7-day moving average. Currently, the four-hour chart is supported by the 60-day moving average; if it breaks, we need to pay attention to the support above the lower track. Short-term resistance is focused below 4600, and if it can break through the previous high, we can pay attention to resistance around 4680, looking at the short term.
Auntie's short line: 4530 long (4460 long), 4585 short (4658 short) (the strategy activation has space for self-control)
——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! See you next time.