Yueying: Bitcoin and Ethereum market analysis for May 26-27, continue to watch for a rebound if the support at 76 does not break, along with a short-term strategy.

CN
14 days ago

In a person's self-discipline, there are 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 you are, the harder you work; the more disciplined you are, the more excellent you become. I am Zhou Yueying, focusing on trend analysis of mainstream cryptocurrencies, providing insights based on my technical understanding of the market.

Here, Yueying's strategy only includes precise points, without ambiguous ranges or nearby areas. Friends who like Yueying can click to follow. Let's see today's share!

Technical Analysis of Bitcoin————

The short-term long position space given in the previous Bitcoin discussion is not large. On the daily chart, the previous candlestick closed with a small gain above the 7-day moving average, and after a downward test at the market open, it rebounded and re-established itself above the 7-day average. The Bollinger Bands are narrowing down, with the short-term moving averages gently rising. The MACD fast and slow lines are turning upward with reduced volume, and KDJ's crossing is extending upward while noting the resistance near the 100 level. The VR index is consolidating around the 130 level. On the four-hour chart, the market is supported by the middle rail and moving averages with continuous bullish momentum, currently running above the 60-day average, touching around 78000. The Bollinger Bands are narrowing and upward, and the short-term moving averages are rising. The MACD fast and slow lines are turning upward with increasing volume, and KDJ's turn is extending upward while noting resistance near the 100 level. The VR index is consolidating around the 120 level. Overall, the short-term market fluctuations are as expected, with support and rebound above 76000; however, the strength is temporarily limited without breaking through the small resistance near 78000. In terms of market pattern, the short-term still suggests a pullback to long positions, continuing to pay attention to the short-term support around 76000. Here are the short-term suggestions;

Short-term suggestion for Bitcoin: Long at 76600 (activate the strategy and manage profits yourself)

Technical Analysis of Ethereum——

The short-term strategy for Ethereum suggested previously at 2088 realized minimal daily fluctuations. The overall technical movement of the daily and four-hour charts is correlated with Bitcoin; note the short-term resistance above 2250 and support around 2050. The strategy continues to be used once again,here are the short-term suggestions;

Short-term suggestion for Ethereum: Long at 2088(activate the strategy and manage profits yourself)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends with any questions about operations or trends can communicate and learn from me together! Let's exchange ideas and profit together!

There is a delay in the article publishing review, as the market changes rapidly. The above suggestions are for reference only; risks are borne by yourself! The market changes dramatically every day, and what I can do is to provide some slight help with my years of practical experience, guiding your investment decisions and management to be on the right course. Meeting is fate; I am a believer in fate. If you have any doubts or unclear areas in the cryptocurrency circle, you can follow Zhou Yueying more, and I believe it will be helpful to you.


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