9.11 BTC, ETH intraday strategy: box shock, patiently wait for breakthrough
Last Friday, we analyzed that after the Bitcoin C5 wave fell, the market began to enter the reversal channel. The general layout can be said to be very accurate. The daily level can see that the rebound of four consecutive positives is very strong, and the basic form of V-reversal has been formed. The high point of pressure is around 58,000. This position is a strong pressure and a very tiring stage. Therefore, it is very correct to follow the post to open long at a low position
From the 4-hour chart of BTC, similar to last night’s post, the callback strength is not large. The support below is around 56,250, and the technical indicators are strongly bullish. Except for MACD, it is currently in a real negative column. If it continues to close negative, it will be further adjusted during the day. Combined with the hourly trend chart, the support below is 56,100. It is more reasonable to go long near 56,000 overall
BTC intraday strategy: 55,800-56,300 to do more, the target is around 57,800!
ETH intraday strategy: 2310-2325 long, target around 2395!
