#当前行情抄底还是观望?


February 8【Price Trend Analysis】Long and Short Entry Points#加密市场回调

1. Candlestick Pattern:

- Recent candlesticks show significant volatility. After a long bearish candle on February 5, the price gradually rebounded, but the overall trend remains downward.
- Consecutive three days of bullish closes from February 6 to 8 indicate a short-term rebound demand, but overhead resistance is strong.

2. Technical Indicators:

- MACD: DIF and DEA are both negative, and the MACD histogram remains below zero, indicating a bearish dominance. However, the green bars are shortening, suggesting weakening bearish momentum.
- RSI: The current RSI is 34, approaching the oversold zone, indicating a potential technical rebound, but not yet in a strong zone.
- EMA: The price is currently below EMA7 (72135), indicating short-term resistance; it is also well below EMA30 (81963) and EMA120 (92387), confirming a clear long-term downtrend.

3. Volume:

- Volume surged on February 6 with a significant increase to 30965, showing bulls attempting to push higher.
- Volume declined on February 7 and 8 to 13624 and 3191 respectively, indicating market caution and a wait-and-see sentiment.
【Buy and Sell Entry Points】

- Buy Point 1: 68800 USDT (Reason: Close to the previous low of 68888, a strong support level at an integer; RSI near oversold, potential for rebound)

- Buy Point 2: 68000 USDT (Reason: Further decline to a more significant support at 68000; if the price retraces to this level, more buying interest is expected)

- Long Stop-Loss: 67500 USDT (Reason: If the price falls below Buy Point 2, there is no clear support below, so stop-loss is necessary to manage risk)

---

- Sell Point 1: 72000 USDT (Reason: Near EMA7 resistance at 72135, also close to recent high of 71048, indicating selling pressure)

- Sell Point 2: 73000 USDT (Reason: Breakout upward reaches a stronger resistance zone at 73000, a key round number and historical resistance level)

- Short Stop-Loss: 73500 USDT (Reason: If the price breaks above Sell Point 2, it indicates a trend reversal, so stop-loss is needed to prevent further losses)
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)