🍠May 19th afternoon market outlook.🍠
$BTC opinion:
The big coin has finally broken through the upper resistance level of 104667, which has been tested for a long time. Although the process was a bit bumpy.
The big coin broke through 105400 with volume, with the hourly closing price above 105400, continue to buy on the right side with short positions, stop loss on break.
If it breaks down below 104667 with volume and cannot recover, short on the right side, recover stop loss, pay attention to changes in volume, and manage stop losses well. 104667 has turned from previous resistance to current support; if it cannot hold, it will go down further.
At 103299, a false breakdown occurred; if it recovers, add a light long position, stop loss at the low of the false breakdown or break below 102651.
🍠
If the big coin can break through 105913 at the hourly level, continue to look up at 107294-108204. It seems a bit difficult to reach the previous high; a favorable stimulus is needed.
For those who want to short, pay attention to the 107294 level for a 2B false breakout, short a light position. If it breaks and stabilizes above 108163, set a stop loss.
Conservative players wait: long at 101493, stop loss below 100706.
🍠
Upper pressure: 105412-105982-106489
Lower support: 103297-102614-101461
At the 4-hour level, if 103247 breaks down, look for target positions below 102339-101447; 104667 seems to be a bit unstable.
Continuing to look at the chart: if the bullish candlestick indicated by the yellow arrow at the hourly level is engulfed by a bearish line, how it rises, it will fall back, simply put, high hanging restoration, a waste of effort.
🍠🍠🍠🍠🍠🍠🍠🍠🍠🍠
$ETH thought:
The second coin broke through 2433 with volume; buy on the right side to take advantage of the rebound, recover stop loss.
If it breaks down below 2391 with volume, short on the right side, manage stop loss well.
If it retraces to 2312 and confirms support is effective, add a long position; stop loss below 2269.
If the second coin can break through 2452 and stabilize, it can continue to look up at 2510-2555; this wave of rise in the big coin has significantly drained the second coin's resources.
Pay attention to the second coin above 2513 to short a position; stop loss above 2545.
Left side pin order: long at 2227, stop loss below 2197.
🍠
Upper pressure: 2451-2514-2558
Lower support: 2379-2311-2256
At the 4-hour level, if 2319 breaks down, look down at 2272-2186. Actually, I hope the second coin can undergo a deep retracement, because the foundation of the second coin is not stable enough; if it continues to rise abruptly, a collapse will happen sooner or later. Everyone, do not fomo, the meeting is adjourned.
