First, after sol fell below the acceleration line, it stepped back on the trend line, but it did not fall below the previous low, and it was still an upward trend.
Pulling out Fibonacci expansion, 0.618 and 1 position have more flat head resistance and can be used as effective resistance. 0.618 is used as the first take-profit position, and the rest is expected to fly to 1 as the second take-profit position.
OR DI followed the last round of market decline and also fell back to the trend line. However, the current bottom and high points are constantly rising, forming a bullish trend.
Fibonacci expansion is also drawn. The resistances at 0.618 and 1.236 are used as the first and second take-profit levels. Compared with other points, these two positions have more flat resistance and pin points, forming effective resistance.
BTC can see a short-term long wave, with 67500 above serving as the profit-taking level. The current volatile market has not yet ended (for details, please see Chige Daily for detailed explanation). Only when the volume breaks through the key resistance level of 68500 will a bullish trend be formed. On the contrary, it will lead to a bullish trend. The volume fell below the support below and began to pull back.
ETH is not easy to enter the market at the moment. The profit-loss ratio is too unhealthy. There are tigers in front and wolves in the back. It is not too late to enter the market after breaking through one of them.
