58COIN Daily Trading Reference

58 COIN
2 min readFeb 22, 2019

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[58COIN] Feb. 22, 2019, Friday

BTC

BTC continued to fluctuate at a high-level yesterday. On the daily chart, the current price is at the upper band and is blocked at the previous high point. The MACD, KDJ, and RSI are flat, the market may be down. On the 4-hour chart, the Bollinger line is flat, and the short term market may continue to oscillate. The upper resistance level is around 3,990 and the lower support level is around 3,880. On the 1 hour chart, the Bollinger Band continues to level off and the short term market oscillates. The upper resistance level is around 3,960 and the lower support level is around 3,910. It is recommended to buy low and sell high in a volatile market, and then follow the trend after the breakthrough.

Resistance Level: 3,960; 3,980; 4,020; 4,070; 4,120; 4,150; 4,200

Support Level: 3,940; 3,915; 3,880; 3,855; 3,790; 3,760; 3,730; 3,700

Suggestions: Short: 3,960–3,990; stop loss: 4,020; target: 3,940; 3,920; 3,880

Long: 3,910–3,880; stop loss: 3,860; target: 3,940; 3,960; 3,990

Long: 3,760–3,710; stop loss: 3,690; target: 3,790; 3,820; 3,850

EOS

Resistance Level: 3.87; 3.9; 3.95; 3.98; 4.03; 4.09; 4.17; 4.21; 4.26

Support Level: 3.81; 3.77; 3.68; 3.59; 3.52; 3.47; 3.41; 3.35

Suggestions: Short: 3.87–3.92; stop loss: 3.95; target: 3.81; 3.76; 3.69

Long: 3.76–3.69; stop loss: 3.66; target: 3.79; 3.83; 3.87

Long: 3.52–3.46; stop loss: 3.44; target: 3.58; 3.63; 3.67

The specific operation is subject to the real-time prompt in the market!

Disclaimer

The trading strategy is for reference only and the investment risk is borne by yourself. Investment involves risks, you should conduct your own research when entering the market!

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