April 23, 2023, Early Morning Trading Strategy Analysis
BTC Brothers, I'm back with market insights! Have you all profited from this wave of market movement? Did you see my analysis and profit from the trades? You are afraid to buy during the rise and afraid to buy during the fall; that's because you lack a trading strategy. You just jump in without knowing the direction, trading based on emotions! Bitcoin surged from 74600 to 91300! Bitcoin has now returned to the 90s! You were losing in the 70s and are losing in the 90s too! I really don't know how to operate anymore! On the morning of the 22nd, I posted that Bitcoin would pull back around 86300 for long positions! Resistance levels are at 90500 and 91300! Bitcoin just happened to reach this position and then dropped! I also mentioned in the group that SOL would short at 145 and 147! As expected, it also dropped after reaching 147! You can check the accuracy of the analysis from the 22nd! Back to the market, Bitcoin's bullish momentum is too strong; on the 4-hour level, pullbacks to 89500, 88500, and 88000 are opportunities to enter long positions! The resistance levels ahead remain at 91300, 92200, and 92800! If the 4-hour level breaks below 87500, the bullish momentum will weaken significantly! Support level for long positions is around 86500!
SOL I’ve been saying in my morning posts that as long as the 4-hour level can stabilize at 139, it will still aim for 147! For those shorting, enter at 145 and 147! Currently, the 4-hour level is pulling back to 143.5, 141.8, and 140! If it doesn't break 140, it will still aim for the 147 resistance level; if it stabilizes at 147, the potential is even greater! 155, 167! If it breaks below 140, the bullish momentum will weaken relatively, and it will reach the lower levels of 135 and 133 for long positions!
ETH Recently, Ethereum seems to be changing the nickname everyone gave it: The Bear Market Reaper, and today it’s been lifted by Bitcoin! The 4-hour level is pulling back but remains above 1630 and 1610 for bullish momentum! Be cautious of a spike down to 1585! If it stabilizes at 1690, the resistance levels are at 1750 and 1800! $BTC
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