Analyst Chen Shu: Successful long position at 6.9 this afternoon, focus on resistance level 10.66, midnight market analysis/attached trading strategy
The afternoon article strategy suggested going long on Bitcoin at 10.5 and on Ethereum at 2500/2460. The market retraced, providing an entry opportunity for Bitcoin to buy at the key point, successfully profiting 1000 points. Congratulations to those who followed the operation.
Market Analysis: Bitcoin is currently forming a small red K-line, with the price rebounding to the daily MA30 moving average at the 10.58 level. We need to pay attention to whether it can successfully stay above this level. On the 4-hour level, the short-term is currently forming 2 red K-lines, with the key resistance level being the MA120 moving average at 10.66; for Ethereum, the daily fluctuations are relatively small and still suppressed by the MA30 moving average. Pay attention to the breakthrough situation at the resistance level of 2550, and on the 4-hour level, it is still suppressed by the price range of 2540-2570, so we should first pay attention to whether the upper resistance level can be broken.
Trading Strategy (published time: 00:30):
BTC: 10.55/10.47 long, target 10.65; above 10.66/10.7 short on a small retracement
ETH: 2540/2570 short, target 2500; near 2500/2460 look for long at 2550
Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, save, like, and comment, thank you all, and feel free to leave comments below for discussion, I will reply one by one!
