🌟 Short-term Trend Analysis and Trading Suggestions
🔥 Bitcoin (BTC)
✅ Current Technical Signals
The price of 118,500 is close to MA7 (118,507), but below MA99 (118,271), facing short-term pressure.
MACD dual lines are sticky, and the histogram is near the zero axis, with no clear directional signal.
✅ Key Indicators
• Defense and Offense Line:
o 🛡 Support: 117400
o 🚀 Resistance: 118900
⏰ Trading Strategy
• Long Position: Break above 118,800 with volume to go long, target 119,600; stop loss at 118,200.
• Short Position: Open a short at the current price, target 117400, stop loss at 118900.
💎 Ethereum (ETH)
✅ Current Technical Signals
Current price 3,859 is below MA7 (3,863), but above MA25 (3,809) for support, showing a strong structure.
MACD histogram is turning positive (5.56) and the fast line has a golden cross, indicating short-term upward momentum.
✅ Key Indicators
• Defense and Offense Line:
o 🛡 Support: 3820
o 🚀 Resistance: 3885
⏰ Trading Strategy
• Long Position: If it breaks above 3,880 with volume, you can add to your position, stop loss at 3850.
• Short Position: If 3,880 cannot break, open a short, take profit at 3780, stop loss at 3,910.
🚀 BNB
✅ Current Technical Signals
Stabilized above MA99, with short-term moving averages in a bullish arrangement (MA7 > MA25)
✅ Key Indicators
• Defense and Offense Line:
o 🛡 Support: 800
o 🚀 Resistance: 816
⏰ Trading Strategy
• Long Position: Buy on a pullback to 804 (MA7), target 816-820, stop loss if it falls below 800; if it stabilizes above 816, short-term target is 833.
• Short Position: If unable to break above 816, do not recommend shorting as the risk-reward ratio is not significant.