From the 1-hour chart, the market volatility during the day is not huge. After reaching near $17,450 in the morning, it began to fall back, and it is currently running near $16,800.
Bollinger Bands began to shrink, and the currency price moved near the upper middle rail. In the chart, the MACD bull energy column continued to increase, the fast and slow lines crossed downwards below the zero axis, and the KD line extended downwards. On the whole, the short-term market remained unstable.
Fall back near $16,200-16,300, enter the market with buy/up orders, the target position is $16,600-16,800, stop loss 100 points
Rebound near $17,700-17,800, enter the market with sell/down orders, the target is $17,500-17,400, stop loss 100 points
Tips: Quotes are time-sensitive, and please pay attention to take good risk control and make good use of "Take profit" and "Stop loss".
The technical analysis of cryptocurrencies in real time should be taken for informational purposes only, and in no case should it be taken as an investment signal.