#美国众议院通过三项加密货币法案
July 18th Day Trading Strategy
BTC Good afternoon, brothers! Recently, good news has been coming in one after another, and the crypto world is about to welcome a situation of rising prices across the board! Currently, prices are continuously breaking this year's highs, and the trading strategy remains to buy on dips! Short positions can only be for the short term; you can't have a long-term view when shorting! Earn profits and run!
Returning to the market, I mentioned in the early morning post that Bitcoin's pullback closed above 118500, so continue to buy on dips. This wave of increase has also broken 120000! There are also significant profits to be made! Pay attention to the 4-hour level today; if it breaks below 120000, the market will continue to look for a correction, with support at 119200 below! Pay attention to entering long positions! Set the stop loss at 119000! If it continues to break below 119000, this wave of increase will temporarily end! Just wait at 117700, 115666 to buy on dips! The 4-hour level today should not break 119200 on the pullback! The market will continue to show a 4-hour level rebound! Resistance levels above are 121500, 122100, and near 122880! Pay attention to entering short positions!
ETH Ethereum is leading the charge with all coins rising, and it has been creating new highs this year, just breaking through to around 3675, and is now undergoing a pullback! Pay attention to the 4-hour level today; if it pulls back to 3615 and does not break, the market still looks for a rebound, with resistance levels ahead at 3680, 3715, and 3745! Continue to pay attention to short positions! If the 4-hour level pulls back and breaks below 3615, the market will continue to correct, with support levels at 3575, 3480, and near 3460 for long positions to wait to enter!
SOL Solana also broke through to around 185 today, and is now being pulled down by Bitcoin. If the 4-hour level pulls back to 181 and does not break, the market will continue to rebound, with resistance levels at 185 and 188! Pay attention to entering short positions! If the 4-hour level pulls back and breaks below 181, the market will continue to correct, with support levels at 178.8 and 175! Pay attention to entering long positions!
Although the current market is a one-sided upward trend! But we cannot blindly chase long positions! It is easy to hit stop losses and bear the positions! Just patiently wait for a pullback to lower levels to continue buying on dips! $BTC
