$BTC $ETH H Lucky Child (Strategy at the End) Sprint for 9 Consecutive Wins!😎
Good afternoon, babes and brothers! Yesterday's low long position that I gave you was indeed too conservative and didn't catch the move😂 (I also wrote out the reasons for you) you can check it yourself,
Pay close attention to the key support at 945000 for Bitcoin, if it breaks below this level, this round of Bitcoin's individual bull market may end. Anyway, if it doesn't break, a bigger bull market is coming next year when Trump is back in power!
Looking at Bitcoin from the four-hour K-line chart, the rising channel for Bitcoin might oscillate in this 90000 range for a month. After all, last month saw a monthly increase of several tens of thousands of points, which everyone has seen is too strong. You can refer to the four-hour chart; Bitcoin, the day before yesterday, broke below 98000 and closed at 93000 to rebound to around 97000. It started to rebound at the second line support position of 94500 (yesterday should have been a bit more aggressive, laying out a low long position here😂). Now chasing long positions is not very meaningful. Let's look at the weekly K-line chart, which presents a T-shaped pattern (wait a moment, I will explain the characteristics of T to everyone), and for layout, I will be laying out short positions at 97000 and 98000.
What is the T-shaped pattern?
Its significance is that at the end of an upward trend, it signals a peak and bearish outlook; during the process of rising or falling, it continues the trend; at the end of a downward trend, it signals a stop and rise.
I won't analyze the big fool too much since I also took a high short strategy with you guys the day before yesterday, and the big fool has also been held! If you want to open a position, I will put the strategy at the end.
ETH support levels: 3630-3550-3500
High short strategy (the short positions laid out the day before yesterday are still held)
Summary: BTC 97222-97666-98000
Stop loss at 98555; take profit below 96000
ETH 3688-3711-3733,
Stop loss at 3763; take profit below 3680