Analyst Chen Shu: 6.11 Yesterday's strategy successfully profited; if the intraday pullback does not break, it can still be long. Midday Bitcoin and Ethereum market analysis strategy
Yesterday's midday article analysis suggested going long on Bitcoin at 10.9 and Ethereum at 2670; Bitcoin made a small profit, and Ethereum made over 100 points in profit; subsequently, the midnight strategy suggested going long at 10.86/short at 11, with back-and-forth operations yielding over 2000 points in profit. Congratulations to those who followed the operations!
From the daily chart, Bitcoin showed a red hammer candlestick with a lower shadow yesterday. Currently, the daily line is still deviating from the moving average price; the resistance level remains focused on the previous high of 11.07. Looking at the 1-hour chart, the current price has pulled back to the MA30 moving average line at 10.95; pay attention to the situation of this line. On the 4-hour chart, the short-term support is still looking at the MA10 moving average line at 10.93. If the pullback holds, the daily line can still be long; if it breaks, watch for a pullback to the support at 10.85.
From the daily perspective of Ethereum, yesterday’s daily line again closed with a large bullish candle, directly breaking and stabilizing above the MA256 moving average line at 2660. The short-term resistance level focuses on the previous high of 2860. In the 1-hour view, the current short-term pullback is at the MA10 moving average; pay attention to whether the price continues to pull back. Meanwhile, on the 4-hour level, it has pulled back to the MA5 moving average; watch to see if the MA5 moving average is lost.
Midday operation thoughts (writing time: 11:00):
BTC: Long at 10.95, add long at pullback to 10.86, target 11.07/11.15; consider opening a short near 11.16/12.
ETH: Long at 2770, add long at pullback to 2720, target 2820/2860; consider opening a short above 2830/2880.
The daily analysis strategy has a very high win rate! Analysis is not easy, hope everyone clicks for a free follow, collect, like, and comment, thank you all, and welcome everyone to leave messages for discussion below; I will reply one by one! $BTC
