Auntie's Late Session Technical 15-Minute Market Analysis
Daily Chart Level: Today closed with a strong bullish candle, indicating that the bulls are regaining strength, but it remains within the consolidation zone after the previous decline.
15-Minute Chart Level: The price experienced a rapid decline followed by a quick rebound. The latest candlestick is bullish, showing that short-term buying pressure is relatively strong.
MACD: On the 15-minute chart, the MACD DIF line is below the DEA line, but the DIF line is moving upward and approaching the DEA line. The green energy bars are shortening, indicating that the short-term bearish momentum is weakening and a golden cross may form.
RSI: The 15-minute RSI14 value is 55.70, in the neutral zone but trending upward, suggesting increasing buying strength.
EMA: The 15-minute EMA7 (1987.65) is above the EMA30 (1981.96) and EMA120 (1974.72). The latest price of 1989.56 is above all EMAs, forming a bullish alignment, indicating a relatively strong short-term trend. EMA7 around 1987.65 provides short-term support.
Volume: Daily Chart Level: The volume accompanying today's bullish candle has significantly decreased compared to the previous days' large swings, indicating that the strength of the bullish rebound needs to be observed.
15-Minute Chart Level: Recent price fluctuations have been intense, with volume increasing, but the volume of the latest bullish candle has decreased compared to the previous candles, suggesting that short-term rebound momentum may be insufficient.
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.
Auntie's Late Session Technical 15-Minute Market Analysis
Daily Chart Level: Today closed with a strong bullish candle, indicating that the bulls are regaining strength, but it remains within the consolidation zone after the previous decline.
15-Minute Chart Level: The price experienced a rapid decline followed by a quick rebound. The latest candlestick is bullish, showing that short-term buying pressure is relatively strong.
MACD: On the 15-minute chart, the MACD DIF line is below the DEA line, but the DIF line is moving upward and approaching the DEA line. The green energy bars are shortening, indicating that the short-term bearish momentum is weakening and a golden cross may form.
RSI: The 15-minute RSI14 value is 55.70, in the neutral zone but trending upward, suggesting increasing buying strength.
EMA: The 15-minute EMA7 (1987.65) is above the EMA30 (1981.96) and EMA120 (1974.72). The latest price of 1989.56 is above all EMAs, forming a bullish alignment, indicating a relatively strong short-term trend. EMA7 around 1987.65 provides short-term support.
Volume: Daily Chart Level: The volume accompanying today's bullish candle has significantly decreased compared to the previous days' large swings, indicating that the strength of the bullish rebound needs to be observed.
15-Minute Chart Level: Recent price fluctuations have been intense, with volume increasing, but the volume of the latest bullish candle has decreased compared to the previous candles, suggesting that short-term rebound momentum may be insufficient.