Analyst Chen Shu: 6.13 Yesterday's strategy successfully profited, focus on 10.42 during the day, analysis strategy for Bitcoin and Ethereum market at noon
Yesterday's noon article strategy suggested a short position for Bitcoin at 10.8 and for Ethereum at 2775, followed by a short position strategy based on the current prices of Bitcoin and Ethereum. Bitcoin's long and short positions gained over 2000 points, while Ethereum gained 100 points. Congratulations to those who followed the strategy.
From the daily chart of Bitcoin, it has formed three consecutive green candlesticks, and the price has dropped below the MA30 daily moving average. If it continues to pull back downwards, it may test the support level at 10.15. On the 4-hour chart, the current price has dropped to the MA256 daily moving average at 10.42. It is crucial to pay attention to the situation around 10.42; if it fails to hold, the short-term will continue to test the support at 10.15. Focus on this level during the day.
From the daily chart of Ethereum, yesterday's price directly broke through the support of the MA256/MA30 daily moving averages. The price has dipped to the 4-hour MA256 daily moving average at 2440. On the daily level, first check if the price can reclaim above the MA30 daily moving average at 2570. The short-term support remains at 2440, while the resistance level is at the 1-hour MA256 daily moving average at 2600.
Afternoon operation thoughts (writing time: 13:30):
BTC: Short at 10.5, add to short on rebound at 10.56, target 11.4/10.35; consider long positions at 10.15/10.1 for a 2-3000 point rebound
ETH: Short at 2540, add to short on rebound at 2580, target 2500/2440; consider long positions at 2400 for a 6-100 point gain
Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, bookmark, like, and comment. Thank you all, and feel free to leave comments below; I will reply to each one! $BTC
