#ETH突破4000 8 August 10th Early morning trading analysis
BTC Brothers! Good evening everyone! I did a live stream for a while at noon, and I mentioned where to go long, the first take profit level, if the price retraces and does not break 116600, go long. The resistance levels ahead are 118000 and 118300! The price is quite right! Currently, Bitcoin is constantly making sharp moves up and down, it can't go down, and it's not going up properly! However, Ethereum is no longer following it, do whatever you want! Many altcoins are also like this! They are not really following the downtrend!
Back to the market! Everyone remember this price tonight! 116800, as long as it can close above this price on the 4-hour chart, the market can still see a rebound!
BTC trading strategy:
🔥BTC long strategy: 115800, 116300, 116600 (Remember what I said during the live stream, wait for a second retracement that does not break before entering! If it breaks, continue to the next support level and wait!)
🔥BTC short strategy: 118000-118300 range, 118500, 118800! (Only after Bitcoin rebounds and breaks 116800 can the market return to those upper prices!)
ETH trading strategy: This Ethereum is undoubtedly the brightest this year! Pay attention to the price of 4150 tonight, as long as it does not break during the retracement, the market can still rebound!
🔥ETH long strategy: 4150, 4100, 4040! (Only if it does not break 4150 during the retracement can the market continue to look for a rebound! If it breaks, exit the long position! Wait below to go long!)
🔥ETH short strategy: Currently, there are no good suggestions, as long as it breaks the previous high of 4246, then the market continues to rise! The reference positions are 4350 and 4500!
SOL trading strategy: Currently, the rebound is still a bit weak, it must go back above 190 to reach its strong phase!
🔥SOL long strategy: 177, 175, 173!
🔥SOL short strategy: 180, 183, 185! $BTC