Analyst Chen Shu: The strategy from yesterday 9.11 was profitable, continuing to look for a rebound today. In the afternoon, there were analyses and strategies for Bitcoin and Ethereum.
Yesterday afternoon's strategy suggested going long at 11.14/4300, which reached the target for a profit of 2000/100 points. Later in the evening, a short was suggested at 11.4/4430, and the market pulled back for a profit of 1000/120 points. Congratulations to friends who followed the operations for double profits!
From the daily chart of Bitcoin, yesterday closed with a bullish candle, breaking above the MA30 daily moving average at 11.3. The upper resistance levels to pay attention to are the MA60 daily moving average at 11.51 and the MA10 daily moving average at 11.53. We should monitor the effective situation of breaking and testing this resistance level. On the 4-hour level, it is currently oscillating around the MA256 daily moving average at 11.4, and we need to see if it can stabilize above 11.4.
From the daily chart of Ethereum, after a series of small red K lines, it rebounded slightly yesterday to the daily MA30 moving average at 4430. Today, we need to pay attention to whether the price can break through and stabilize above 4430. If it stabilizes, it will test above 4500 in the short term; otherwise, if it fails to break and stabilize, it may weaken further in the short term. Currently, Bitcoin looks to rebound in the short term, and we can operate long first and then short.
Afternoon operational thoughts (writing time: 16:10):
BTC: Long at 11.33, add long at 11.25 during the rebound, target 11.48/11.55; short at 11.5/11.58 expecting a 1-2000 point pullback.
ETH: Long at 4415, add long at 4375, target 4488/4530; short at 4500/4560 expecting a pullback of around 100 points.
(The big coin can go long first and then short, while Ethereum is more stable to mainly short.)
Daily analysis strategy has a very high win rate! Analysis is not easy; I hope everyone can give a free follow, bookmark, like, and comment. Thank you all, and feel free to leave comments below for discussion. I will reply one by one $BTC