7.18 Early Morning Market Analysis
Last night's strategy was perfectly validated, and Bitcoin started to pull back to around 119100. However, the momentum is relatively weak, and a downward trend is reappearing, so the strategy from earlier this morning remains unchanged: continue to short at high levels and long at low levels.
Bitcoin: Around 118900, 119500 for shorting, with a target downward to 117500, around 117000. If it breaks down, watch for 116000; if it doesn't break, look to go long.
Altcoin: Around 3430, 3400 for shorting, with a target downward to 3350, around 3330. If it breaks down, watch for 3300.
