Bitcoin experienced a V-shaped reversal last night, dropping from 105292 to 104139 before rebounding to 105284, with strong support at 104000 - 105000; Ethereum is weakly fluctuating, hovering around the key support level of 2480.
2. Technical Analysis
- Bitcoin: The daily Bollinger midline and previous low at 104000 form a resonance support, while 105000 is a watershed for bulls and bears. A breakthrough at 106000 may signal a rise; the 5/10 day moving averages are in a bullish arrangement, but caution is needed as a loss of 104000 could trigger a pullback. - Ethereum: The weekly 2480 is a key trend support; breaking this level may lead to a drop to 2430 - 2450. The daily Bollinger lower band is suppressing, and the RSI is oversold but has not yet bottomed.
3. Trading Suggestions
- Bitcoin: Enter a light long position at 105000 - 105200 (10%-15% of position), and move the stop-loss to cost after the rise; add to positions on a pullback at 104500 - 104800 (15%-20% of position), with a stop-loss below 104000, targeting 106000 and 106500 - 107000. - Ethereum: Build positions in batches at 2480 - 2500 (initially 10% at 2480, add 10% at 2460 - 2470), with a stop-loss at 2450, targeting 2550 and 2580.
Evening Market Update for Bitcoin and Ethereum on May 20
1. Bitcoin (BTC)
After fluctuating down from 106359 in the afternoon, it is currently consolidating around 105200. Key levels: 105000 strong support, 106000 resistance, and 105500 as the dividing line for long and short positions on the 4-hour chart. Volume and price indicate a retracement with decreasing volume, 1-hour RSI is weak, and 4-hour MACD is pending direction.
Strategy: Aggressive traders can go long lightly at 105200, with a stop loss at 104900 and a target of 105800/106300; Conservative traders can accumulate positions in batches between 105000-105300; if it holds above 105500, add to positions, and if it breaks below 105000, stop loss.
2. Ethereum (ETH)
Approaching strong support at 2480 (daily trend line + platform), resistance at 2520 (4-hour MA60), and 2550 (daily Bollinger mid-band). Strategy: Accumulate positions between 2480-2490 in batches, with a stop loss at 2470 and targets at 2520/2550; if it holds, aim for 2580.
Based on the daily shooting star and MACD divergence, combined with institutional reduction news, short at 106700. Closely monitor changes in volume, take profit when stabilizing at 105000, securing 1800 points. Practical experience reveals the truth; analysis and execution are both essential.
Boys and girls! The SOL short position we set up earlier has been stable and profitable! From the entry point to the target range, the trend completely met expectations, and we easily pocketed the profits! I wonder how many friends decisively followed this move? Raise your hand in the comments so I can see, those who made gains come share your joy, and if you missed out, don’t be discouraged, there will be more opportunities ahead. Keep an eye on my thoughts, and we’ll charge forward together in the next wave!
Brothers! Let's have some excitement! Mubarak is currently at 0.0534, go long directly! Set the stop loss at 0.0475, hold steady! First focus on taking profit at 0.06, sell a portion when it gets there. Don't touch the remaining position, wait for my further notice! Before going all in, weigh the risks, just go for it!
This morning, Bitcoin and Ethereum strategies hit the target precisely! Bitcoin was shorted at a high position as planned, smoothly dropping by 1000 points; Ethereum also entered the market simultaneously, gaining a profit of 70 points. Those who followed the operations have successfully secured profits.
The SOL short position issued this morning can be directly closed for profit by conservative traders; those with a higher risk appetite may choose to close half of their position to lock in some profits, while continuing to hold the remaining position for more potential gains. At the same time, closely monitor market changes and set stop-loss orders in a timely manner to protect remaining profits.
Brothers! The market trend has become completely clear, and this long-term opportunity is rare! The team has conducted in-depth analysis and accurately identified entry points, and all risk control plans are ready. However, this time the allocated funds are limited, and the number of slots available is very few! Don’t hesitate any longer; get on board now and you can ride this wealth express. If you miss this wave, you'll have to wait a long time! Those who act quickly will benefit, so keep up the speed and let's enjoy the big profits together!
Professional cryptocurrency trading requires the establishment of a systematic trading system to avoid emotional trading. The core experiences are as follows:
1. Trading Session: Avoid early market fluctuations; focus on the information digestion period after 9 PM. 2. Profit Management: Withdraw 30% of daily profits; transfer 30% of weekly profits every Friday. 3. Decision-Making Tools: Use TradingView, and trade based on at least two resonant signals from MACD, RSI, and Bollinger Bands indicators. 4. Stop-Loss Strategy: Use trailing stop-loss when watching the market; set a hard stop-loss at 3% when not monitoring. 5. Risk Control: Leverage ≤ 5 times, stay away from altcoins, limit daily trades to ≤ 3, and prohibit the use of borrowed funds.
The current price of SOL is suitable for shorting. It is recommended to act immediately, with a target price set in the 150 - 140 range. Strict stop-loss settings must be in place during the operation, and position sizes should be controlled reasonably, while being alert to the risk of severe fluctuations in the cryptocurrency market.
5.20 Tuesday Morning Bitcoin and Ethereum Trading Strategy Affected by the low opening and high recovery of the US stock market, Bitcoin slowly rose and stabilized above 10500, then fluctuated at a high of 10580. Short-term bulls are weak, with significant resistance above, favoring short positions. The 4-hour chart shows that after the price rebound, a doji was formed, indicating resistance to bullish movement, with the Bollinger Bands contracting and a weak oscillating trend.
Trading Suggestions: Short Bitcoin at 106780 - 107080, targeting 105680 - 105780 Short Ethereum at 2545 - 2560, targeting 2500 - 2515
In the early morning, successfully made a decisive move based on precise judgment when the market started. Closely monitored market changes, took timely profits, and smoothly captured a profit of two thousand points, securely pocketing the gains.
The market changes in the blink of an eye! While solo traders are still struggling with the timing of entering based on candlestick patterns, Linzun has already locked in the best points early on with years of experience and precise data. Some are still confused by repeatedly analyzing trends, while the seniors clearly mark the key support levels and risk stop-loss points. Take tonight for example, following Linzun to trade Ethereum easily nets a profit of 100 points!
5.20 Early Morning Bitcoin Market: Last night, Bitcoin surged nearly 3000 points after a pullback near 103000, currently fluctuating around 104500, with Ethereum following suit. From a technical perspective, Bitcoin's 4-hour MACD has formed a golden cross, with 103800 as the support level and 105000 as the key resistance level; Ethereum has support at 2400, with upper targets seeing 2450-2500.
Operational Suggestions:
- Long Bitcoin around 10450, target price 106000 - Long Ethereum near 2450, target price 2520 Reminder: If Bitcoin falls below 103800 or Ethereum falls below 2400, a decline may occur. It is recommended to buy in batches, set stop-losses, and closely monitor whether Bitcoin can break through 105000.
When watching the market, I immediately saw the candlestick break through a key resistance level, and the trading volume doubled! Without any hesitation, I placed a buy order in an instant! I kept a close eye on the minute chart, and as soon as the upward momentum slightly slowed down, I manually took profit. Watching the profit and loss figures in the account shift from green to red, soaring all the way to 30 points, when the closing confirmation sound rang, this solid profit was securely pocketed!
I have long warned you not to rush blindly! Those who hesitated and didn't listen to advice got 'caught' as soon as the market moved. Brothers who followed my strategy entered the market directly at the opening and easily pocketed 30 points in profit!
Seize the opportunity as the market just starts, decisively enter to go long! Follow the trend steadily, watching the account points rise steadily, and just like that, effortlessly securing an 800-point profit, safely in the bag!
Evening of May 19: Big Coin and Ethereum Trading Strategy
How to trade Big Coin and Second Coin tonight? Recently, Big Coin has been jumping back and forth at a high level, with long upper and lower shadows in the K-line, indicating a fierce battle between bulls and bears. On the daily chart, the bearish candle has completely engulfed the bullish candle, increasing the risk of a pullback; on the 4-hour chart, the MACD has formed a death cross, with growing green bars, indicating that bears are in control.
Trading suggestion: Short Big Coin at 103800 - 104500, with a target price of 102000 - 101000. For Second Coin, look for shorts in the 2420 - 2450 range, targeting 2300 - 2250.