It is reported that Oakland Sportsmen's Baseball Team usually rents out its all-season luxury viewing suites for US$ 64,800. Before April 1, the team will accept bitcoin payment, and the price will be one bitcoin. In addition, the team plans to keep any bitcoin earned. Bitcoin has attracted more and more attention.
BTC market analysis:
Bitcoin broke its position yesterday and rose strongly. The price was constantly tested upwards, reaching a high level near 58370, approaching 58500 first-line suppression. Subsequent tests failed to break its position again, and the market retracement supported the rebound near 57000. Up to now, the market has once again entered a high consolidation rhythm because the upward price is blocked and running around 57700.
According to the daily chart, the price has closed for four consecutive days, and the upward track has remained good, with a strong bullish sentiment. Therefore, if the position breaks again within the day, the increase is expected to continue further, and the price may impact the 60,000 mark. I hope that all currency friends will be prepared in advance.
Although both the long and short sides are glued during the day, the upward trend has not changed, so it is more stable or more than one.
On the short-cycle hourly chart, the market runs in the middle and upper rail area, and the upward price is blocked near 58300. In the short-term five days, the ten-day moving average keeps parallel, but it has a slight downward trend. The MACD and Stoch indicators in the attached figure also show downward signs, so it is not recommended to chase up blindly in the current operation, and the market may be backed up. The lower support focuses on the 57000-56600 area, while the upper support focuses on the 58500 line.
BTC operation strategy:
- Make short position when the price goes near 58300, stop loss: 58500, target profit: 57800-58500
- If it breaks through the 57000, Make long position, stop loss: 56600, and target profit at 57600-57900
Market analysis of Ethereum:
Yesterday, Ethereum also broke its position and went out of a strong upward trend. The high position approached the vicinity of the 1790 position, and it rose by more than 100 points in the day, and the bullish sentiment was ignited again.
The intraday market broke through the 1800 mark again, continuing the upward trend. The current high price hit the 1840 position and was blocked. It is expected that the subsequent market will step back and then attack again.
On the short-cycle hourly chart, the market has entered the callback rhythm under pressure. At present, the price is approaching the 1800 position again, and if it falls below, it is possible to test the intraday low. The overall trend tends to be upward, so it is recommended to call back multiple orders and rebound empty orders as a supplement. The upper pressing focuses on the 1840-1860 area, and the lower supporting focuses on the 1780-1760 area.
ETH operation strategy:
- Make short position when the price rebounds 1840, stop-losses: 1860, target profit: 1800
- If it breaks through the 1780, Make long position, stop loss: 1760, and target profit at 1810-1830
The analysis is time-sensitive, and the posting is always delayed, so please take the real-time market as the standard. Re-emphasize, do a good job in risk control, no matter how well you judge the future market, you must control your stop loss and target profit!