Trader Hero - Old Zheng's Monday Morning Thought Sharing



From the current market trends, the K-line charts of Bitcoin and Ethereum are performing remarkably, releasing strong upward signals, which fills us with confidence in their subsequent trends and reinforces our bullish outlook.

First, let's look at the K-line of Bitcoin. Analyzing from the daily level, it has recently shown a steady upward trend. During the previous adjustment phase, the price did not experience a deep pullback, but quickly gained buying support near the key support level, gradually consolidating upward with small bearish and bullish K-line formations, creating a solid bottom shape. After the 5-day moving average and the 10-day moving average formed a golden cross, they have consistently maintained an upward divergence, providing strong support for the price increase. At the same time, the MACD indicator's histogram has been continuously expanding above the zero axis, and both the DIF line and the DEA line are maintaining an upward trend, indicating that the bullish strength is continuously increasing and the market is in a strong upward phase.

The pancake is hovering between 185000-180000, with a target of 120000.

The concubine is fluctuating in the range of 4240-4200, with a target of 4360.

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SOL-1.23%
ZKJ-12.73%
GT-0.52%
BTC1.23%
ETH1.99%
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ArjunMagarvip
· 14h ago
🤑 and moneymoneymoneymoneymoneymoneymoney 💰🤑💰🤑💰moneymoneymoneymoneymoney
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