Analysis for February 24



The four-hour MA144 and MA169 long-term moving averages continue to exert resistance on the price, indicating a medium-term weak trend. The MACD indicator's DIF and DEA are both below the zero line, with green bars steadily increasing, showing that bearish momentum is still being released. Overall, the short-term remains in a weak correction pattern. Focus on the validity of the 63000 support level; if it is broken, the market may further decline.

Personal opinion, for reference only. Strict risk management and stop-loss are essential.

Big Brother 64800: Enter short positions near this level, add to positions at 65800, targets are 63000 and 61300.

Second Brother Auntie: Enter short positions near 1875, add at 1935, targets are 1800 and 1730.
ETH0,01%
GT1,04%
BTC0,64%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)