The long-order ideas shared yesterday have some profit in today's trend. In the morning, the price of Bitcoin began to fall after reaching around 65,100. In the afternoon, the price fell to around 63,000. Then, friends who entered the long position near 63,800 had a round of damage. The price of Ethereum fell to around 2,700. The long position defense was successful and is still held!
So from the current trend, there are three rounds of testing on the upper track of the daily line. The overall price is still strongly suppressed near 65,000. Ethereum is strongly suppressed near 2,800. From the price retracement and decline this afternoon, the performance of the bulls is still relatively optimistic!
After two days of sideways consolidation at the four-hour level over the weekend, the false breakthrough on Monday was quickly retreated, and the price of Bitcoin Ethereum quickly recovered after the pin pierced the four-hour middle track, indicating that there is still very good support below, so there is still a possibility of another breakthrough after the opening of the US market in the evening!
The three lines of KDJ at the four-hour level turned upward and diverged. The retreat of long orders can still continue to look for opportunities in the evening. The big cake still focuses on the short-term support of 63800-63000 to enter the market. The target can be around 65000. If it breaks through, it can continue to look at around 66000. The defense is still 500 points!
The long orders of Ethereum are not broken. The average price of 2730 can continue to hold and look up. The defense of 40 points remains unchanged. The target can be around 2780-2820!
So from the current trend, there are three rounds of testing on the upper track of the daily line. The overall price is still strongly suppressed near 65,000. Ethereum is strongly suppressed near 2,800. From the price retracement and decline this afternoon, the performance of the bulls is still relatively optimistic!
After two days of sideways consolidation at the four-hour level over the weekend, the false breakthrough on Monday was quickly retreated, and the price of Bitcoin Ethereum quickly recovered after the pin pierced the four-hour middle track, indicating that there is still very good support below, so there is still a possibility of another breakthrough after the opening of the US market in the evening!
The three lines of KDJ at the four-hour level turned upward and diverged. The retreat of long orders can still continue to look for opportunities in the evening. The big cake still focuses on the short-term support of 63800-63000 to enter the market. The target can be around 65000. If it breaks through, it can continue to look at around 66000. The defense is still 500 points!
The long orders of Ethereum are not broken. The average price of 2730 can continue to hold and look up. The defense of 40 points remains unchanged. The target can be around 2780-2820!