9.20 Bitcoin (BTC) and Ethereum (ETH) market analysis, market outlook operation strategy
When is Chunhuaqiuyue? Knowing the market, the bears struck again last night, and they were shaking after counting the money. Take advantage of the trend, go against the trend and make a mess, keep up with the single profit, miss the loss, how many heroes are on the way of bargaining, how many heroes are on the way to sacrifice, this is the market, a place that is the most disciplined and least human, and it is downhill. The car is easy to roll out, and the homeopathic market is not tangled.
The technical analysis of the Bitcoin (BTC) contract on September 20: the previous day?s turn of the week, the market closed and did not reverse the withdrawal. Yesterday morning, I emphasized the shortness, and emphasized that if the European market breaks the previous day?s low, then reverse the withdrawal If you continue to be empty, you must see through 46700. In this kind of market that breaks the bottom of the European market, it will definitely break the position. During the rise, the starting point will not be tested all the time. If the number of tests is large, the probability of breaking the position is very high. And yesterday, I gave the opportunity to be empty. In the morning, I saw the European market retracement. The European market broke the previous day's low and rebounded to empty, while the anti-empty before the US market was a technical point every day. After the big drop, the decline is not very weak in the morning, usually the bottom of the market in the morning, usually completed before 11 o'clock. At present, it is clear that there is no very weak in the morning. It rebounded in the morning and fell in the afternoon. This is also the cycle of recent market moves. They all rose in the morning and began to fall in the afternoon. For now, after the big drop, no matter what, don't go long. Therefore, the operation is radical and the rebound is 45800 short, the limit short position is 46000 line, and the target is 45000-44800 area;
BTC-hour chart
Technical analysis of the Ethereum (ETH) contract on September 20: The focus is still on the four-hour chart. Yesterday, I gave you a detailed explanation and legend. The head and shoulders pattern fell sharply in the morning; it fell below the bottom last week. , Although it did not continue to break the bottom on Friday, but the daily cross, which laid the ground for the continued shorts. In a weak situation, the key to stopping the decline is the strength of the rebound. The greater the strength of the stop, the higher the rebound. Cross K in a big drop, usually ignore K, basically relying on the previous pattern, continue to do the following trend. So, if you see through the bottom line today, it's actually very natural to go with the flow. Today, the market continued to fall in the morning. Usually, the market continued to fall in the morning. Two points should be noted: 1. The watershed opened the 3320 line in the morning, and the weakness cannot exceed the opening. 2. Decline in the morning, and short-selling in the afternoon can't be too strong. At present, when it reaches the 618 position of intraday decline, the space for the subsequent decline will be reduced. 3. The timing of the European market is very important. Whether the European market can break the bottom is related to the magnitude of the decline in the US market. This should be paid attention to. Therefore, it is recommended to rebound near 3220 to be empty, 3150-3100 area;
ETH-hour chart
Please remember that the market (BTC, ETH,) is very simple, but people are complicated. Don't be controlled by emotions. Plan transactions and plan profits. Share more trading knowledge from time to time to achieve self-profit. Disseminate correct trading methods and investment ideas, so that there is no difficult transaction in the world!
