BTC 4-hour trend analysis and 15-minute entry point analysis: June 21
Like ETH next door, it has fallen below the 4-hour rising trend line, so it is weak, and the general direction is mainly high-altitude
Focus on two support ranges: 102600-103000, 101000-101500. If it falls through, 98000 will be seen.
Order method: 15-minute level chart, 103800, 104600 and the downward trend line are all good resistance positions. You can arrange them in batches, of course, you can also go all-in, depending on your personal preference. 104600 resonates with the previous rising line and falling trend line, which is important!
A more stable stop loss is placed above 106100, and an aggressive stop loss is at least above 104600. In addition, it is recommended that long friends who have received more should pay attention. If 103000 is crossed, it is best to run $BTC
ETH 2-hour trend analysis and 15-minute entry opportunity analysis: June 21
General direction: It has fallen below the rising trend line. Pay attention. The trend has weakened. Additional reminder: All long orders of altcoins cannot be formed. If you hold orders, find an opportunity to exit, otherwise there is a bottomless pit below
From a 2-hour perspective, since it has fallen below the rising trend line, it is mainly high-altitude. Around 2440 is the support and resistance exchange position, and around 2490 resonates with the falling trend line. It is important! Then the method is also very simple. Just open an order with an eye on these two resistance levels. As for position allocation and stop loss, you can set it yourself.
From a 15-minute perspective, it is currently in the oscillation range of 2440-2380, which is also a relatively simple approach. Go short above the range and go long below the range (it is more recommended to go short, not long, it is a general direction problem)
If it falls below 2380, the support below is around 2320 and around 2270. The resistance has been mentioned above and I will not repeat it $ETH
Reminder: Don’t blindly read the news, sometimes it hits and sometimes it doesn’t, everything is reflected on the market
The overall direction is a triangular consolidation, just touching the descending trend line and the resistance at 2567. The resistance expected yesterday was 2586, which is quite accurate.
At the current price, it has reached the short-selling zone due to the descending line and resistance location. An aggressive stop-loss is above 2567, while a conservative stop-loss is above 2586. If these two levels are broken, it will constitute a breakout of the trend line—simultaneously breaking the previous high, and it is expected to strengthen.
Long entry point: The recommendation is at the position of 2490, still valid, and the upward trend line. If it breaks below the upward trend line, it indicates weakness in the overall direction, with support around 2438.
The general trend is a triangle consolidation. Now it is near the rising trend line below. It has been tested many times in the short term. It has been tested many times in the short term and the rise is getting weaker and weaker, which represents weakness
Subjectively believe that it will fall below the trend line. If it falls below, pay attention to the support between 103500-103100 to see if it is a false break. Here you need to observe the right side for an opportunity to open an order. Then there is the support position near 110000
Around 105400 is the current resistance position, and 106100 is an important support and resistance exchange area. After regaining this position, it will be safer to be bullish, otherwise the risk of falling will be greater
The above important points and trend lines all have opportunities to open orders, just wait patiently$BTC
In terms of trend, it is currently consolidating near the major upward trend line, with multiple tests of the upward trend line in the short term proving its validity; however, the multiple tests in the short term also indicate weakness.
From the 15-minute short-term trading perspective, it is currently consolidating between 2540-2468. A short position can be taken near the upper edge, while a long position can be taken near the lower edge. The consolidation will eventually come to an end.
If the consolidation zone is broken, then we can see levels around 2580 and 2656. 2656 is an important position; a breakout signifies strength.
If the consolidation zone is broken down, pay attention to whether it is a false breakdown. A breakdown of the consolidation zone also means a breakdown of the upward trend line, indicating the start of weakness. A false breakdown that recovers can be a signal to go long; a true breakdown would lead to levels around 2438/2380.
ETH Pay attention to whether the trend line breaks down
If it is on the trend line, you can continue to look upwards. If it breaks down, watch for pullbacks and fluctuations, with three target positions below:
BTC, daily chart level breakout with volume through resistance zone, reversal!
Some people, clearly the daily chart has a volume bullish candlestick standing strong, still want to short? The contract rate is still negative, as I mentioned yesterday, short sellers are losing money, losing rate, losing interest, and ETH still hasn't returned to the normal level of 0.01, so I admire those holding onto their positions 🙌
Mainly look to buy on dips, it's not advisable to short anymore $BTC #加密市场反弹
GUN, the accumulation zone is about to break through (considering the market, after BTC stabilizes, altcoins will have a wave of momentum; in the subsequent period, the analysis will focus on altcoins)
The conditions for an outbreak are all met: (1) New coin, the highest point has dropped by 73%, basically no selling pressure from retail investors (2) New coin, speculating on new rather than old (3) Obvious accumulation zone at the bottom (4) Already performed a pullback
Since April 19, a bullish trend has emerged with lower lows and higher highs, drawing an upward trend line; above the upward trend line indicates a strong bullish market
Another key indicator: funding rate -0.19%, indicating that everyone is shorting. Now, you can check the magic next door and see #gun $GUN
Magic is a strong bull market, why are you so keen on shorting?
The trend line has not been broken, the highs and lows are constantly rising, why shorting, why? Give me the money, the funding rate is -1.7%. Go long along the trend line, follow the trend$MAGIC
Why are people so eager to short a currency that has been consistently rising? Clearly, it's been a strong bullish trend. Take magic as an example, this funding rate has been set up like this.
Shorts are getting hit and also paying the funding rate, why tell me why?
SOL, Strong breakout, retesting the top of the range, bullish!
On the 4-hour level, it has completed the retest of the top of the range, confirming support. Drawing a trend line, the 4-hour uptrend line has never been broken, indicating a very healthy strong bullish market.
You can go long near the trend line and the top of the range.
According to the 1:1 principle of the range, the final target can be seen around 160.
BTC, strongly breaks through the consolidation box, pay attention to the resistance position of 88400
The volume has strongly broken through the box that has been consolidating for a week. If you are short, stop loss, don't resist. If you are long, you can see the position around 88400
This position is also full of liquidity. Pay attention to whether the dealer plunders the short liquidity to show a 2B trend (short selling opportunity), or directly breaks through with a big positive K. If it is given to step back to the top of the box and support appears, you can go long (long opportunity) #加密市场反弹 $BTC
ETH, range consolidation, pay attention to upper resistance and true and false breakthroughs
Range: 1688-1538, as mentioned before, the middle axis of the consolidation zone is the boundary between strength and weakness, around 1615. Now it has strongly broken through the middle axis, so you can see the top of the box. If it breaks through the box strongly, you can see around 1758
How to operate after seeing the top of the box: Note that there are two flat heads in front, which are full of liquidity. Pay attention to whether it falls back quickly after plundering liquidity. This is the only opportunity and method to short
Bulls can use the stop loss point below 1615 and look up #加密市场反弹 $ETH
In the 4-hour timeframe, there is a pattern of lower highs and lower lows, and by drawing a descending trendline, it shows clear resistance.
Therefore, one can short according to the trendline; the closer to the trendline, the higher the cost-effectiveness, with the stop-loss set above 2.11.
Like the neighboring ETH, it is also a volatile market, but BTC is in a stronger volatility while ETH is weaker. The first choice for long positions is BTC.
According to the principle of symmetry, BTC has experienced a false breakout, so pay attention to whether there will be a false breakdown at the bottom of the range. There's not much else to focus on, just play the volatility with long positions below and short positions above.
Today the US stock market is closed, play by yourself, it's highly likely to be volatile without a clear direction $BTC
Range 1680-1540, with a range amplitude of about 9%. Trade using the range-bound strategy, short above and long below.
The midline of the consolidation area is around 1614, which was tested again this morning for its resistance effect. Below the midline, the market is weak, and above the midline, the market is strong.
Trading opportunities, above the range, below the range, midline range $ETH