🌹🌹Monday Morning Analysis and Trading Ideas:
Brothers, though the dream is distant, it can be reached if pursued; though the wish is difficult, it can be realized if held on. In this new week, may all your wishes come true! 🚀🚀🚀
From the 4-hour trend, the price briefly stands above the middle Bollinger band close to the upper band, with the opening widening driven by short-term bulls, but the volume does not support the rise, indicating a false increase. After the bulls lose strength, the price may quickly break below the middle band and turn bearish.
The daily line shows a weak oscillation pattern, with the 4-hour bullish strength being strong but insubstantial. The MACD golden cross and the upward trend may be a trap for more buying, and the market has a higher probability of moving down. It is recommended to maintain a high short position.
Trading suggestions:
$BTC : Short in the range of 105600-106000, target around 104000, stop loss at 106800.
$ETH : Short in the range of 2505-2515, target around 2440, stop loss at 2550.
Pay attention today; $KAIA UMA
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