Mu Feng Looks at Trends: Validation of Short Selling Strategy During Rebound, Perfect Take Profit on Ethereum

Mu Feng's Trend Analysis: Bitcoin/Ethereum Market Analysis on the Evening of July 21 with Operational Suggestions

From the weekly level of Bitcoin/Ethereum, KDJ and MACD continued to move upward significantly this week, and the upper track of BOLL continued to open upward, but the upper track broke, and the currency price this week had a large gap with the five-day moving average. On the daily chart, KDJ is still moving upward at a high level (overbought area forced to rise), and the upper track of BOLL continues to open upward. The price of the currency has not fallen at a high level. In fact, the volume is still continuing to take over. According to the weekly chart, there will be a round of technical adjustment of retracement within this week, which is expected to be repaired to a certain extent. Otherwise, there will be no connection with the subsequent increase in volume. Then the operation in the evening is to treat it as a rebound short first. The specific points can be referred to:


BTC: 118800-119800 short, target 116300


ETH: 3840-3880 near short, target 3740


The above is a personal evening operation suggestion. The market situation is changing rapidly, and the article has a certain lag. The specific operation is subject to the real-time guidance of the real market. If you have any questions, please consult. #BTC走势分析 #ETH