Crypto Academician: 2024.9.12 (PEPE) Latest Market Analysis
I am an academician of the crypto and a warrior who has always been protecting the leeks. I wish my fans to achieve financial freedom in 2024. Let’s cheer together!
The price trend analysis starts with the daily K-line pattern analysis. I will not write the 0.00000 in front of me, just write three digits. The recent K-line trend is oscillating, and the price fluctuates in the range of 665 to 777. The market has seen long lower and upper shadows many times, showing a strong competition between buying and selling pressure.
Technical indicators MACD: Currently DIF and DEA are close to the zero axis, and the MACD histogram alternates between red and green, indicating that the market is in a shock consolidation stage. RSI: The 14-day RSI value fluctuates between 36 and 57, and is currently 46.3, not entering the overbought or oversold area, indicating that the market sentiment is neutral and weak. EMA: The short-term EMA7 is lower than the EMA30, and the EMA120 is higher than the current price. The short-term moving average is flat, and the medium and long-term moving averages are diverging downward. The overall trend is biased towards the short side.
Trading volume analysis: Trading volume has fallen after reaching a peak on the 6th, but it remains relatively active. In recent days, trading volume has gradually decreased, indicating that the market's wait-and-see sentiment has intensified.
Trading strategy suggestions
Long: 700 Long: 685 Stop loss: 675
Short point 1: 760 Short 2: 780 Stop loss point: 795
We hope that the above analysis and suggestions can help you better seize market opportunities.
The specific operation is based on the real-time data of the market. For more information and details, please contact the author. There is a delay in the release of the article. The suggestions are for reference only and the risks are borne by the user.
This article is exclusively contributed by the academician of the crypto, and only represents the exclusive views of the academician. There are in-depth studies on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of article push, the above views and suggestions are not real-time, for reference only, at your own risk, please indicate the source for reprinting, and reasonably control the position when making orders, and do not operate with heavy or full positions. The academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should have been obtained fly away. There is no need to be smarter than the market in investment. When the trend comes, respond to it and follow it; when there is no trend, observe it and be quiet. It is not too late to wait for the trend to finally become clear before taking action. Tomorrow's success comes from today's choice. God rewards diligence, earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are inadvertent. Develop the habit of strictly taking stop loss and stop profit for each order. The academician of the crypto wishes you a happy investment!
