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Mingjie: Weekend high-level oscillation, looking for a pullback after the market!

CN
明杰谈币
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2 years ago
AI summarizes in 5 seconds.

The tacit cooperation and hard work have brought about this wonderful scene. Yesterday evening's market once again provided a retracement, forming a wave of support near the previous low of around 3320. The hourly K-line is close to the 60-period moving average, and I directly suggested to go long. Subsequently, the angle of the cloud also rose at a 45-degree angle. In the afternoon, the bulls failed to push higher again, and we took advantage of a small fluctuation in the afternoon, easily capturing 65 points for Ethereum and 1593 points for Bitcoin. Remember, investing is a marathon, not a sprint. Slow and steady wins the race.

From the current trend, there has been a small upward movement since yesterday afternoon. Looking at the small straight K-line, there have been multiple long upper shadows on the top side, indicating some slight pressure in the short term. Additionally, it is currently the weekend, and the cloud is just like that. The current K-line is very close to the previous high, and last time it turned directly downwards. This time, it seems that there will be at least one more retracement. In the afternoon, we can consider entering high short positions.

Bitcoin Strategy: Short near 69600, target near 68800 Ethereum Strategy: Short near 3410, target near 3355

For more information, follow Mingjie's public account

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Selected Articles by 明杰谈币

1 year ago
Mingjie: Will the $9 billion sell-off come? How big of an impact will it have on the market?
1 year ago
Mingjie on AICoin: The bulls were strong in the morning session, and continued to be bullish after a pullback in the afternoon!
1 year ago
Mingjie: Currently bottoming out, continue to short near the resistance of the rebound in the morning!
View More

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