7.29BTC/ETH Morning Trading Strategy
The Bitcoin trend remains steady, having failed to break the 120,000 mark yesterday and retracing to oscillate around the 118,000 level.
The short-term strategy continues with a high buy low sell layout, specific BTC trading suggestions are as follows:
- Buy Long: Enter long positions around 119,500, add positions at 120,000, target 118,500 - 118,000,
- Sell Short: Enter short positions on a pullback to 117,500, add positions at 117,000, target 118,500 - 119,000,
For Ethereum, trade within the 3825-3855 range, target 3750, 3630
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