加密菲姐
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Daily Market Analysis in Cryptocurrency (5.19)
Summary:
Recently, the market has not fluctuated much, and I haven't updated for a while. After ten days of stagnation, the 4-hour trend has finally moved out of its range. The internal structure of the pink daily line is complete. Currently, it can be confirmed that there is a pullback on the 4-hour chart. As long as the price stays above 97500, there is a possibility for further upward movement on the pink daily line. The overall strategy for shorting should pivot from the second sell on the 4-hour chart or the second sell on the 30-minute chart. It is no longer advisable to be overly bullish. The 4-hour level trend here is very likely to transform from small to large, that is, to form an adjustment on the daily level. Therefore, to engage in long positions above the 4-hour level, at least a pullback to the 97500-99500 range is necessary; otherwise, the closer we get to 107000, the more it becomes a timing opportunity for short positions. As shown in the white 4-hour trend, even if it is above 97500, a strong daily pullback can still be completed. The intraday resistance is at 105000, and the support is at 101400. To put it plainly, as long as there is a rebound giving you an opportunity, you should reduce most of your spot positions and exit near the peak. The best opportunity for re-entry is at least around 90000, while the buying opportunity for Ethereum is at least between 2100-2200. If you find my articles helpful over the long term, liking, commenting, and sharing is the greatest support for me.
Summary:
Recently, the market has not fluctuated much, and I haven't updated for a while. After ten days of stagnation, the 4-hour trend has finally moved out of its range. The internal structure of the pink daily line is complete. Currently, it can be confirmed that there is a pullback on the 4-hour chart. As long as the price stays above 97500, there is a possibility for further upward movement on the pink daily line. The overall strategy for shorting should pivot from the second sell on the 4-hour chart or the second sell on the 30-minute chart. It is no longer advisable to be overly bullish. The 4-hour level trend here is very likely to transform from small to large, that is, to form an adjustment on the daily level. Therefore, to engage in long positions above the 4-hour level, at least a pullback to the 97500-99500 range is necessary; otherwise, the closer we get to 107000, the more it becomes a timing opportunity for short positions. As shown in the white 4-hour trend, even if it is above 97500, a strong daily pullback can still be completed. The intraday resistance is at 105000, and the support is at 101400. To put it plainly, as long as there is a rebound giving you an opportunity, you should reduce most of your spot positions and exit near the peak. The best opportunity for re-entry is at least around 90000, while the buying opportunity for Ethereum is at least between 2100-2200. If you find my articles helpful over the long term, liking, commenting, and sharing is the greatest support for me.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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