10.12 BTC, ETH evening analysis: V-shaped reversal, low-long entry
Last night's analysis trend was basically consistent with expectations. After breaking through the lower resistance, the lowest pin was around 58900, so as long as you follow the general direction expectations to arrange, you can lock in profits. From the current market, the big cake directly reversed in a V shape, strongly bullish, mainly because after the daily line closed in the morning, the technical indicators walked out of the low back upward structure, so the strength is very strong
BTC from the 4-hour chart: Like the daily level, it is also low back upward bullish. From the Fibonacci point of view, the upper resistance is 62370, the position of the 4-hour lifeline, and the lower low is 61520. The current trend chart has formed a bullish trend, so it is more appropriate to go long at the low point. All technical indicators are bullish, MACD has closed 3 real positive bars in a row, the bulls are very strong, KDJ is also golden cross upward, currently in the overbought range, wait for the callback to go long, the general direction is strongly bullish
BTC evening strategy: 61200-61500 to go long, the target is around 62800!
ETH evening strategy: 2405-2415 to go long, the target is around 2460!
