5.8 Afternoon Trading Strategy
The morning strategy was stopped out due to news-driven price surge. Technically, the daily chart shows three consecutive bullish candles with long lower shadows, the Bollinger Bands are converging, KDJ has formed a golden cross, and MACD is consolidating at a high level with decreasing volume. The early morning spike above 980 seems to be a potential trap for long positions.
Bitcoin short near 988 - 995, looking at 960
Ethereum short near 1890 - 1910, looking at 1800