Login / Join

Technical analysis by Prometheusinfinance about Symbol BTC: Sell recommendation (5/8/2023)

https://sahmeto.com/message/152415
Prometheusinfinance
Prometheusinfinance
Rank: 8236
1.5
Sell،Technical،Prometheusinfinance

BTC continues to be profitable today As of now, the price of pie is around 27500, and the price of ether is 1850. Just ushering in a new week, the bears began to exert their strength. After this time, they will enter an adjustment period. If the bulls cannot relay the downward trend, they will inevitably fall below 28,000. At present, the short-term short side is too strong, and the direction is negative. The general trend is positive. . Reasonably control the position and set a stop profit and stop loss. Market analysis: BTC: Looking at the daily line, the Bollinger Bands open downward, the K line deviates from the downward rail, the MACD moves downward in volume, the double lines open, the KDJ diverges downward, and the short-term short side is relatively strong. The intraday operation follows the trend. We can I saw that the big pie has been floating around 28,000 on the daily line for a long time, and the pressure and support levels above and below are very firm. If one party breaks the position, it will be the beginning of a major trend. From an hour's analysis, we can see that the current K-line is at the support level of 28400-28100. At present, there are still certain risks in bullishness. MACD is heavy and down, and the double line opens downward. KDJ has signs of forming a golden cross. Those who are stable You can continue to wait and see, and radicals can consider entering the market at present. Operation suggestion: 29000 above is not broken, empty, break to see 29400, take profit 300-500 points, stop loss 300 points. If the 27100 below is not broken, go long, and if a strong break, you can take advantage of the trend to go short, with a stop profit of 300-500 points and a stop loss of 300 points. ETH: Compared with the big brother, the volatility of ether is relatively large, the Bollinger bands are obviously shrinking downward, the MACD is heavy and downward, and the KDJ is also opening downward. Let's look at the short-term for another hour. MACD is still heavy, and KDJ has started to turn around. It has not completely broken away from the support level. If it does not break through 1840 in the short term, there is a chance for a rebound. Operation suggestion: 1930-1910 above is not broken, empty, take profit 30-50 points, stop loss 30 points If the 1800 below is not broken, it is long, and it is a strong break to take advantage of the trend, and the profit is 30-50 points. Stop loss 30 points The above contents are personal opinions and are for reference only. The market fluctuates greatly, and the article has a lag. To be profitable, you have to create your own rules and take full responsibility for the consequences of those rules, which is a huge responsibility. Learn, slowly build up your own feelings about the market, don't follow the trend, don't change your mind, you must establish your own rules. I will share the real-time operation content of the contract in the real offer group every day, operate around short-term fluctuations, predict long-term trends, etc., with a winning rate of more than 90%, check my homepage and join me to make your money earn more money

Translated from: English
Show Original Message
Signal Type: Sell
Price at Publish Time:
$27,549.58
Share
Signals
Top Traders
Feed
Alerts