Analyst Chen Shu: On April 17, watch for a rebound at the support level, focusing on the 8.6 resistance level during the night. Midnight market analysis / accompanying trading strategy.

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3 days ago

Analyst Chen Shu: On April 17, watch for a rebound after a pullback, focusing on the 8.6 resistance level at night, midnight market analysis/with trading strategy

Market Analysis: Currently, from the trend perspective, Bitcoin has strengthened short-term after pulling back to the 8.3 line today. From the daily chart, it has once again pulled back to the daily MA30 moving average at the 8.35 line, and is now advancing towards the MA60 moving average resistance level at the 8.6 line. Tonight, pay attention to the breakthrough situation of this resistance level; Ethereum has short-term pulled back to the 1550 line today and then rebounded to a high of 1615, with short-term narrow fluctuations, basically oscillating around 1600 as the center point for adjustment. In the evening, continue to pay attention to the 1-hour MA256 moving average at 1590 for gains and losses.

Trading Strategy (Published at: 00:30):

BTC: Short at 8.6, add to short at 8.65 on rebound, target 8.5/8.4; Long near 8.43/8.38, targeting 8.55/8.6. ETH: Short at 1610, add to short at 1640 on rebound, target 1580/1560; Long positions should follow Bitcoin's operations.

The daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, save, like, and comment, thank you all, and feel free to leave comments below for discussion; I will reply to each one!

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