Wall Street Community Live: Non farm payroll data is about to be released, will it turn around and rebound or fall below the weekly EMA100?
Click on the link to enter the meeting: https://meeting.tencent.com/p/6321551049 Let's first focus on the biggest news in recent times. Due to the US government shutdown last month, the release of non farm payroll data has been postponed to 9:30 pm on Thursday this week. The current data forecast is 50000, compared to 20000 in the previous month. From the data analysis, it is bullish on the US dollar and cryptocurrency. However, combined with the current bearish trend, whether there will be a reversal or a downward trend, we provide technical analysis for everyone: 1 BTC； I have been emphasizing to everyone that the BTC weekly structure has already fallen below the support of the EMA50 weekly line since the 10700 decline, and there was no effective reversal at the end of last week's weekly line. Therefore, our next strategy is still to focus on "high altitude" and carefully buy at the bottom. During this process, we have had several opportunities to enter the market with short positions and have successfully landed safely; This week, we need to pay attention to the weekly correction. When we reach the high pressure point, we can continue to do high-altitude craftsmanship market, but it is no longer necessary to rush to do right-hand short operations; Attention: Position 94K 98K 100K; Target: BTC aiming at 92k/90k. 2 ETH； Mainly affected by the outflow of selling funds and the bear market signal of BTC, ETH has fallen by -24% this month. The daily RSI is oversold and deviates from demand. In the short term, it will not exceed 3000 and can serve as a major support position, returning to the ideal 0.618 position. Follow: 3.2K, 3.35K positions; Aim for 3k/2.8k. Tonight's live broadcast will discuss warehouse management; Deviation from technique; Welcome to interact Tencent Meeting: 6321551049 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
