Attention, look again, and earn millions. Hello everyone, I am analyst Liangqiu. Here I share my views and hope that every friend who follows can have a good profit!
First released on the official account, you can follow the official account Liangqiu, focusing on mainstream coin guidance. Bitcoin/Ethereum overnight prices surged again. The short position at 65,000 we set up last night, with a stop loss at 65,500, was directly hit and lost 500 points. If wrong, we must admit it. During the rise, while Bitcoin reached around 66,600 and Ethereum reached around 3,040, the key levels to watch for next are 67,000 and 3,060 as resistance. During the rise, the trend of Bitcoin is indeed much stronger, and the actual upward space for Ethereum is limited.
Looking at the four-hour chart, after the current rise, there has been a stagnation and a retracement has begun. As long as the daily high point is not broken in the future, there should be no major issues. The same goes for the daily chart. After the big bullish candle, regardless of whether the subsequent market will continue to rise, the rise will be accompanied by a retracement and consolidation. The three moving averages of Bitcoin are currently resonating upwards, indicating a stronger trend, but the moving average support is at the 63,000 level. After the current rise, a divergence pattern has appeared, so the focus for today is on the retracement.
In terms of operation, short positions can be entered for Bitcoin around 66,100 to 66,300, with a target near 64,000 to 64,500; for Ethereum, short positions can be entered around 3,020 to 3,040, with a target near 2,940 to 2,960, and defense at 3,060 and 67,000. The current market is relatively good, and it is necessary to do well in short-term trading. The article has timeliness, and for friends who are not good at controlling the rhythm of short-term trading, you can seek more advice. More specific strategies are mainly based on real-time guidance. You can follow the official account, Liangqiu.
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