Bitcoin hits a new high, while the altcoins are still there. The price has returned, but are the positions still there?
25.1.21-6:36PM (Tuesday)
Previous situation review:
Strategy review (the previous article can verify that it is not a hindsight!): On Monday, the strategy of Bitcoin 98451 did not receive the lowest point of 99500, Ethereum 3070 did not receive the lowest point of 3141, and Dog 0.341 did not receive the lowest point of 0.3449, which are somewhat different from what I saw!
Market review: After Bitcoin pulled back yesterday, it pulled up again in the afternoon and broke through the upper 110,000. This breakthrough was not supported by funds, but this so-called "Trump effect". It was still on the issuance of coins two days ago, but yesterday it once again focused on the Bitcoin market. How long can this effect ferment in the market? This depends on whether Wang will release a series of policies that are beneficial to the crypto circle after going online today, although this is his own bull market!
Today's trend judgment and strategy:
BTC4-hour real-time market judgment strategy layout
From the perspective of 1-2 hours, the current decline in the volume of the big cake is gradually decreasing. SKDJ is near the midline 50. Combined with the Fibonacci line spectrum, the support level below is around 102050, which can be used as an initial long entry position
ETH4-hour real-time market judgment strategy layout
Ether's disk is gradually turning from weak to strong. The volume began to decrease in yesterday's correction. The last closing positive line spindle line, the bulls are better. Combined with the Fibonacci line spectrum, we can see that the support level below is around 3265, which can be used as an initial long entry position
DOGE4-hour real-time market judgment strategy layout
Dog's disk is also slowly getting stronger, The 4-hour SKDJ has come to the middle line near 50, and there is a possibility of a reversal. The bullish volume below is still relatively strong. Combined with the support below the Fibonacci line at 0.356, it can be used as an initial long entry position
Intraday strategy
Direction: callback to long
BTC
B: 102050
T/P: 103603-106000
S/L: below 100138
ETH
B: 3265
T/P: 3367-3440
S/L: below 3217
DOGE
B: 0.356
T/P: 0.374-0.393
S/L: below 0.343
