Analyst Chen Shu: 6.17 Midnight Strategy Precisely Profits, Focus on Intraday Support for Bitcoin and Ethereum Market Analysis Strategy
Yesterday's midnight article provided a sell signal for Bitcoin at 10.87 and a sell signal for Ethereum at 2670. The market rebounded to a high of 10.89/2680, and the strategy predicted the highest profit for short positions at 3000/150 points. Congratulations to friends who followed the strategy!
From the daily chart, Bitcoin showed a red candlestick with a long upper shadow yesterday. The price broke through the daily MA30 moving average and failed to hold above it. Intraday, we continue to focus on the stability of the support level at 10.67. On the 4-hour chart, short-term support is observed at the AM120 moving average of 10.6 and the MA256 moving average of 10.52. Meanwhile, the 1-hour MA256 moving average at 10.65 can be seen as a dividing line for short-term long and short positions. It is expected that the market will fluctuate around the 10.65 level.
From the daily view of Ethereum, the daily chart showed a green candlestick with a long upper shadow yesterday. The price quickly dropped after reaching the MA256 moving average at 2670. Currently, the price is fluctuating around the MA30 moving average at 2580, and we continue to focus on the breaking situation of the key resistance level at 2670. On the 4-hour chart, the key support level for the short term is the MA256 moving average at 2500, while the short-term minor resistance level focuses on the gain and loss at 2600.
Afternoon Operation Strategy (Write-up time: 14:00):
BTC: Buy at 10.65/10.55, target at 10.75/10.8; Sell at 10.9 above, add to short position on a rebound to 11, target 10.8/10.7
ETH: Buy at 2550/2500, target 2600/2660; Buy at 2630/2680 above, target 2580/2550
Daily analysis strategy has a very high winning rate! Analysis is not easy, I hope everyone can give a free follow, favorite, like, and comment. Thank you all, and feel free to leave comments below for discussion. I will reply one by one!