🍍Market views for the afternoon of May 18.🍍
$BTC view:
The big pie can really shake you awake; when I looked again it was still this price. The liquidity on Sunday was even lower than on Saturday after a night of oscillation. Some are still holding on, not knowing when they can find a direction.
The big pie breaks through 103316 with volume, closing above the 103316 hourly level, go long on the right side, stop loss if it breaks.
If it drops below 102970 with volume and cannot recover on the rebound, go short on the right side, recover and set a stop loss, pay attention to volume changes, and set a proper stop loss.
If a false breakdown occurs at 101384, recover with a light long position, set a stop loss if it breaks below the low of the false breakdown or below 100626, do not hold if it cannot recover.
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The big pie needs to break through and stabilize above 103499 at the hourly level to look upwards towards 104078-104623; if it can't go up, continue to oscillate!
If shorting, also pay attention to the big pie above at 104623 where a 2b false breakout occurs, recover with a light short position, set a stop loss if it stabilizes above 105368.
Conservative players wait: go long at 100668, must stop loss if it breaks below 100,000.
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Upper resistance: 103615-104036-104623
Lower support: 102647-101678-100752
At the 4-hour level, if it breaks below 102514, look down to 101556-100671.
The big pie has already had five consecutive weekly green candles; if you’re tough enough to come back with an eight consecutive green candles, then you’re really tough.
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$ETH thought:
The second pie breaks through 2485 with volume, go long on the right side, recover and set a stop loss.
If it drops below 2470 with volume, go short on the right side and set a proper stop loss.
After a pullback to 2435 confirming the support is valid, lightly go long; if it breaks below 2400, stop loss.
The second pie must stabilize above the hourly level of 2503 to look upwards to 2556-2601; if it can't go up, it’s useless.
Watch for a short at 2622 above the second pie, set a stop loss if it breaks above 2653.
Left side orders: go long at 2362, stop loss if it breaks below 2352.
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Upper resistance: 2506-2546-2602
Lower support: 2441-2411-2358
At the 4-hour level, if it breaks below 2442, look down to 2408-2358; with little market movement on Sunday, just go out and stroll around! Don't always stay at home; the scenery outside is also nice, meeting adjourned.