[Market Research Report on June 3rd -- BTC Weekly Pregnant Line Formation, Pay Attention to the Pregnant Line Direction of Big Cake, Hot Money Flows to New Currency, Copycats Jump Sideways, Ethereum Platform Adjustment, Upward Expectation Still Seen Before the Structure Is Broken]
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1. $BTC
Whether it is the convergence form of the daily line or the change of high and low points of the short-term, the high point is getting lower from 7.2 6.96 6.86 [These three positions are also the pressure points for our short selling] However, the low point did not appear the lowest, what kind of structure is this?
Oscillating Convergence Structure
How to play this structure? For the skillful play, I often say, trade within the range, break through and step back, break through and pull back to intervene
The weekly line has closed, the weekly pregnancy line has come out, the range is 7.2--- 6.6
The neckline is 6.61-6.58, the neckline support cannot be broken
[If we assume that the head and shoulders structure is to be established, then we will look at the left side of the chart and oscillate between 6.45-6.72, and then test the 1:2 position 6.15-6.25. This is a section of play]
If the head and shoulders are not established, the neckline cannot be broken, that is, the two supports of 6.45 and 6.58
The daily line is still the end of the flag-shaped consolidation. This section is mainly based on the band. Pay attention to the breakthrough direction to do it
If you like trading and short-term trading, be diligent. Don’t ask what to do now every time you get out of the position
Trading, you can either stay in the position to trade, or be diligent during the day to do support and pressure
Intraday: Support 6.66 6.55 6.45 Pressure 6.86 6.96
This view remains unchanged. If you don’t understand, just watch yesterday’s video
2. $ETH
Ether 3500-3900 platform-type range adjustment. If it does not fall below, it is still expected to rise by 4200, 4400, 4800. This is an idea
If it falls below 3150-3050, continue to enter the market at 2900
3. Shanzhai
An’an’s new coins are all rushing. Funds are chasing the heat of the rise. Don’t chase them
Be yourself and hold the chips in your hands
Make a good entry plan, the market will not let you down