7.15 Monday BTC and ETH intraday analysis: Jianguo is about to move into the White House, the market is jubilant
Affected by the Trump assassination incident, Bitcoin continued to rise overnight, reaching a high of around 61,400. The morning market continued to rise, and the weekly real Yang still performed strongly. Before the top adjustment pattern of rising and falling appears, it will maintain an upward trend. Strong without saying the top, just go with the trend!
From the 4-hour chart, Bitcoin's market has risen in steps and is still rising strongly. However, this wave of space release is relatively large. From the Fibonacci point of view, the market will be accompanied by a deep and rapid decline, that is, a local high-exploration and decline method, and cross the trend line near 60,200, then the decline line will be directly long. The moving average looks like turning upward, and it is surging all the way. The OBV indicator is also active in trading upward after stepping on the yellow line. Overall, keep low and long participation first!
BTC intraday strategy: 60,200-60,700 to do more, the target is around 62,000!
ETH intraday strategy: go long at 3210-3230, target around 3320!