Morning Analysis on 4.27
The daily chart shows a doji, indicating that the market is unable to move up or down. Looking at the hourly chart, the fluctuations are getting smaller and it has been in a sideways trend. Currently, the bullish power is almost balanced, and it will continue to oscillate in the short term. The main strategy should revolve around buying low and selling high, with proper stop-losses and avoiding resistance.
Morning Trading Strategy
- Short around 950-955 for Bitcoin, targeting around 938. If it fails to break, reverse immediately.
- Short around 1860-1840 for Ethereum, targeting around 1780. If it fails to break, reverse immediately.
Personal advice is for reference only.
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