Crypto Market Early Events 2025.5.19 Monday 1️⃣
Market Trend Analysis 🖥 Forecasting Future Trends
Analysis of Bitcoin and Ethereum trends, wealth codes, long and short attack points…
BTC 4-hour K-line trend:
Resistance Level: Around 106140~107951
Support Level: Around 104681~103318
ETH 4-hour K-line trend:
Resistance Level: Around 2483~2545
Support Level: Around 2385~2343
Technical Analysis:
1. Bitcoin's 4-hour K-line shows a strong upward trend (as of 7:10 AM – see screenshot), after breaking through the triangle neck line resistance, the price has surged. Please pay attention to the double top resistance level marked above, do not blindly chase the highs; consider long positions or spot layouts at the support levels marked in the screenshot;
2. The Bitcoin daily and various medium and small cycle trend indicators are resonating with a bullish trend, short-term trading can look for buying opportunities at lower prices;
3. Bitcoin's 12-hour to daily MACD indicators are showing a no-root water pattern, indicating that there is still a demand for price correction. For short-term trading, look for buying opportunities at lower prices. If the price on the 15-minute or 30-minute small cycle retraces to the EMA60 moving average, double bottom, or important neck line support level, it is the best opportunity to enter long positions 🥰; (Please set a stop-loss and secure yourself and have protective measures for the three strategies to exit – training courses available) {Contract Thinking};
Spot trading thinking: If the price retraces to the important support levels marked above, you can enter with light positions for long positions {Spot Thinking};
Investing involves risks, proceed with caution. The above analysis is for reference only! Everyone can also make corresponding layouts for mainstream coins, sub-mainstream coins, and altcoins based on the correlation effect of Bitcoin!
Plans for the year are made in spring 🌹
Plans for the day are made in the morning 💰
Follow "Crypto Market Early Events" 🥇 for easy and profitable trading 🥰
Your "likes + follows" are my greatest encouragement, thank you!
#BTC
#ETH
#Market Trends
#Crypto Market Early Events