Analyst Chen Shu: Successful profits from long positions on 4.22, midnight market analysis / with trading strategy
The midday article analysis provided Bitcoin long positions at 8.73/8.65 for additional purchases, and Ethereum at 1640/1610 for longs. The midday pullback allowed Bitcoin to reach a perfect entry point, rebounding to a high of 8.8, while Ethereum rebounded to the 1640 level, securing a profit of 1500 points on the Ethereum long position. Congratulations to friends who followed the strategy operations.
Market Analysis: Currently, from a trend perspective, Bitcoin has formed a large bullish candle on the daily chart today, with the price approaching the rebound high points of 8.85/8.88 mentioned in the afternoon article. The 4-hour trend is relatively strong, with pullbacks moving upwards again. For short-term trading, focus on finding entry points near the resistance levels of 8.85/8.88; Ethereum, on the other hand, is relatively weak, with the 120-day moving average at 1640 being a clear resistance level. Until it breaks and stabilizes above 1640, it may maintain the current weak market condition.
Trading Strategy (Published at: 00:30):
BTC: Short at 8.85, add to the short at 8.95 on rebound, target 8.65/8.55; go long near 8.5/8.6 and target 8.8/8.9
ETH: Short at 1635, add to the short at 1665 on rebound, target 1600/1580; long positions follow Bitcoin's synchronized operations.
The daily analysis strategy has a high win rate! Analysis is not easy, so I hope everyone can click to follow, save, like, and comment for free. Thank you, and feel free to leave comments below for discussion; I will reply one by one!