🎬7.22 Market Views at Noon.🎬
$BTC 's View:
The major coin breaks through 17808 with volume, closing above 17808 at the hourly level, look to go long on the right side, stop loss on a break.
117367 breaks down with volume and cannot recover on the pullback, look to go short on the right side, stop loss on recovery. Pay attention to the changes in volume, and set stop losses properly.
115686 shows a 2b false breakdown, go short one lot on recovery, set stop loss at the false breakdown low or below 115000, if it doesn't recover, don’t go long.
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The major coin breaks through 118375 at the hourly level, looking up to 119566-120528, it seems a bit difficult to stabilize above 118375 today.
When shorting the major coin, be cautious of a 2b false breakout at 119566, go short one lot, stop loss at a stable breakthrough of 120528.
Conservative players wait: long at 113772, stop loss below 112996.
The white arrow indicating the accelerated line at the hourly level has been broken, luckily the yellow upward trend line below has not been broken, it was just a spike false breakdown.
If the major coin wants to perform a multi-bottom formation at the hourly level, it absolutely cannot break this yellow trend line.
If this yellow upward trend line is broken, the hourly level will enter a correction mode, resulting in lower lows, and a rebound cannot create higher highs, but instead presents lower lows, indicating that the decline has just begun.
Today, everyone should pay attention to this yellow trend line; as long as the closing price is below this yellow upward trend line, you need to shift your thinking and not just look bullish.
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Upper resistance: 118375-119556-120528
Lower support: 116919-115677-115220
At the 4-hour level, breaking below 116267 cannot recover quickly, looking down to 115136-113827.
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$ETH 's Thought:
The minor coin breaks through 3796 with volume, look to go long on the right side, stop loss on recovery.
3762 breaks down with volume, look to go short on the right side, set stop loss properly.
Pullback to 3679 confirms effective support, go long one lot, stop loss below 3639.
The minor coin stabilizes above 3795 at the hourly level, looking up to 3825-3859.
Be cautious of 3859 for a short one lot, stop loss at a breakthrough of 3900.
Left side orders: long at 3581, stop loss below 3536.
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Upper resistance: 3795-3825-3859
Lower support: 3695-3632-3585
At the 4-hour level, breaking below 3719 looks down to 3678-3632.
The minor coin at the hourly level has returned to operate within the wedge, as the wedge pattern has not broken, previously one could only go long briefly, if the wedge is breached, the minor coin's pullback will follow, meeting adjourned.