Brothers, the day before yesterday's stretch, when you thought it was going higher, it turned down instead, first up and then down, closing the door on the dog. Currently testing support near 117500, further down is support near 116500, 116500 is the small double bottom neck line support formed after the previous consolidation, this will be stronger. The daily line closes with a bearish candle, the body length is similar to the last week's, it is believed that there is a high probability of continuing to maintain the daily box oscillation today, with the lower boundary at 116500-116000 and the upper boundary at 119500-120000 being a resistance.
Regarding Ethereum, the daily line closes with a dark cloud cover, MACD has a dead cross at a high position moving down, green bars are shrinking, KDJ is turning down, currently hovering near the position of the previous triangle consolidation above 3750, it is believed that there has already been a pin bar behavior this morning, and the subsequent movements will oscillate towards a repair downwards.
This week, data is gathering, it will be a very turbulent week. It is believed that crisis is also an opportunity, as long as the pattern is small, the little one will eat to fullness, always remember to defend well, know when to retreat and when to stop.
The strategy is to first take a long position and then short during the day, the spring has been compressed and needs to rebound back.
Continue to long near 117500, looking up to 119500, with strong pressure looking to 123500. For Ethereum, long at 3750-3770, looking up to 3850, with strong pressure at 3920. Add positions at 3730.
If the upper boundary of 119500-120000 does not break, a short can be taken directly.
For Ethereum, if the upper boundary of 2890 does not break, a short can be taken directly.
Regarding Ethereum, the daily line closes with a dark cloud cover, MACD has a dead cross at a high position moving down, green bars are shrinking, KDJ is turning down, currently hovering near the position of the previous triangle consolidation above 3750, it is believed that there has already been a pin bar behavior this morning, and the subsequent movements will oscillate towards a repair downwards.
This week, data is gathering, it will be a very turbulent week. It is believed that crisis is also an opportunity, as long as the pattern is small, the little one will eat to fullness, always remember to defend well, know when to retreat and when to stop.
The strategy is to first take a long position and then short during the day, the spring has been compressed and needs to rebound back.
Continue to long near 117500, looking up to 119500, with strong pressure looking to 123500. For Ethereum, long at 3750-3770, looking up to 3850, with strong pressure at 3920. Add positions at 3730.
If the upper boundary of 119500-120000 does not break, a short can be taken directly.
For Ethereum, if the upper boundary of 2890 does not break, a short can be taken directly.
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