How will the market trend in the evening? Xiao A explains it for you!
Welcome to the group chat to ask Xiao A for more analysis: jv.mp/JaQ0CE
NEROETH
NEIROETH’s 1-hour price trend: sideways.
This is a 1-hour K-line chart of Gate NEIROETH/USDT. The latest price is: 0.1258 USDT, including EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 0.1200 USDT (considering that EMA(7) and EMA(30) moving averages are on an upward trend and the price has support at this level)
Buying point 2: 0.1150 USDT (near the recent low point, if the price falls back to this area, there may be buying intervention)
Long stop loss: 0.1120 USDT (enough room to avoid small fluctuations triggering the stop loss, and below the second entry point and the low of October 12)
Selling point 1: 0.1300 USDT (close to the high point in recent cycles, can be used as an initial profit-taking point)
Selling point 2: 0.1340 USDT (slightly lower than the highest price reached at 13:00 on October 13, expected to be a strong resistance level)
Short stop loss point: 0.1360 USDT (exceeding the highest point in the recent cycle, providing a safety cushion for short selling operations)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price volatility has intensified, especially the K-line with a long upper shadow that appeared at 13:00 on October 13, indicating that buyers tried to push up prices but failed to maintain them, and then prices fell back.
From 06:00 on October 12 to 17:00 on October 13, the overall trend was that the lows gradually rose, suggesting that there may be upward momentum in the short term.
Technical indicators:
The DIF and DEA averages in the MACD indicator are close and the MACD bar is small, indicating that the market is in a volatile state and there is no obvious divergence between long and short positions.
The J value in the KDJ indicator has declined, but K and D are still above 60, suggesting that there may be some upward momentum in the short term, but we need to be alert to potential pullback risks.
Volume:
The trading volume peaked at 20:00 on October 12 and then began to gradually decrease, which may mean that the activity of buyers and sellers in the current price range has decreased.
The trading volume in the latest cycle has decreased compared to the previous hour. If the trading volume does not increase in the future, the price breakthrough may lack support.
ABOUT
SUI’s 1-hour price trend: sideways.
This is a 1-hour OKX SUI/USDT candlestick chart. The latest price is: 2.2193 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 2.2000 USDT (Considering the narrowing gap between EMA(7) and EMA(30), the price may pull back to the recent support level)
Buy point 2: 2.1500 USDT (if the price drops further, 2.1500 USDT is a strong psychological and technical support level in the near future)
Long stop loss point: 2.1300 USDT (lower than the second buy point, and leave enough space to avoid the stop loss being triggered by market fluctuations)
Selling point 1: 2.2500 USDT (close to the high point in the last few hours, can be used as an initial resistance level for short-term selling)
Selling point 2: 2.3000 USDT (break through the previous high point. If the upward momentum continues, you can consider reducing positions or taking profits at this position)
Short stop loss point: 2.3200 USDT (higher than sell point 2, giving short selling a suitable risk tolerance)
【Price trend analysis】
K-line pattern:
The recent K-line shows that price fluctuations have intensified. There was a large increase from 20:00 on October 12 to 08:00 on October 13, and then the price fell back. In the latest hour, the K-line body is small and has a short lower shadow, indicating that the power of buyers and sellers is relatively balanced.
Judging from the overall trend, the price began to fluctuate and adjust after experiencing a significant rise, with no clear reversal signal.
Technical indicators:
In the MACD indicator, both DIF and DEA are above the zero axis, but the MACD histogram shows negative values, indicating that the bullish momentum has weakened and the market may enter a stage of adjustment.
In the KDJ indicator, the J value turns downward from the high point, and the K and D lines are still at low levels, suggesting that there may be further bottoming out or consolidation in the short term.
Among the EMA indicators, EMA(7) is slightly higher than EMA(30), but the gap is narrowing, which means that the recent upward momentum is weakening and we need to be alert to the potential risk of price correction in the short term.
Volume:
During the price increase, trading volume increased, especially from 21:00 on October 11 to 08:00 on October 12, when trading volume continued to grow, supporting the price increase.
Trading volume has decreased in recent hours, which is consistent with the price fluctuations and adjustments, indicating that market participation has decreased.
WIF
WIF's 1-hour price trend: sideways.
This is a 1-hour Binance WIF/USDT candlestick chart. The latest price is: 2.824 USDT. It includes EMA, MACD, KDJ and volume indicators.
【Buy and sell points】
Buy point 1: 2.730 USDT (EMA(7) and EMA(30) moving average support, the level of recent multiple rebounds)
Buy point 2: 2.700 USDT (low point area between 20:00 and 21:00 on October 12, strong psychological and technical support level)
Long stop loss point: 2.675 USDT (slightly lower than the second buy point, providing enough space to avoid small fluctuations triggering the stop loss)
Selling point 1: 2.850 USDT (close to the highest price of 2.864 USDT, there may be selling pressure)
Selling point 2: 2.880 USDT (exceeding the highest price in the current cycle, greater resistance is expected)
Short stop loss point: 2.890 USDT (slightly higher than the second selling point, providing appropriate risk control for short selling)
【Price trend analysis】
K-line pattern:
The recent K-line shows intensified price volatility, especially the long upper shadow and real body between 04:00 and 05:00 on October 12, indicating that buyers tried to push prices higher but failed to maintain it.
From 19:00 on October 11 to the latest data, there is no obvious continuous specific K-line combination such as doji, hammer or shooting star line, but the overall trend is oscillating upward.
Technical indicators:
MACD indicator: DIF and DEA are both in the positive area, and the MACD histogram is decreasing, indicating that the bullish momentum has weakened and may enter a stage of adjustment.
KDJ indicator: The J value is 84.04, which is in the overbought area, while the K value and D value remain upward, suggesting that there may be a risk of a pullback in the short term.
EMA indicator: EMA(7) is always above EMA(30), indicating that the short- and medium-term trends are positive, but the gap between the two is narrowing, so we need to be alert to trend reversal signals.
Volume:
Trading volume has gradually declined since reaching a peak at 01:00 on October 12, which generally means that the support strength of the current price level has weakened.
The trading volume has been relatively stable in recent hours, with no obvious increase or decrease in volume. Market participants may mainly wait and see.
※All content is provided by the intelligent analysis assistant Xiao A. All content is for reference only and does not constitute any investment advice!
Xiao A Smart Analysis is AICoin's industry-first smart analysis tool, which can easily help you interpret currency trends, analyze indicator signals, and identify entry and exit points, etc. You can experience it by going to the APP or PC.
PC & APP download: https://www.aicoin.com/download
