Yesterday's shipping situation was also dominated by shocks, with the morning session basically fluctuating up and down by about 200 points. We have been bullish on Silk Road since morning, and fortunately my wait was not in vain. At noon, it penetrated to around 29,100. During the day, our ten pans successfully gained 630 points of Bitcoin and 12 points of Ethereum. This week's winning streak is still stable.
From the four-hour technical structure, the Bollinger Bands are shrinking, but the price of the currency is still running stably above the middle track. The price of the currency rose slightly in the early morning, but it did not stabilize effectively. It is currently repairing the pullback. The short energy is gradually increasing, but the support line of 28,000 is still valid. My personal idea for the day is still to focus on low and long.
Thursday morning trading suggestions
BTC: Long in 28000-28200 area, target 28800-29100, defense 27800
ETH: Long in 1540-1550 area, target 1590-1600, defense 1520
If you are in a period of confusion and don’t know what to do, you might as well communicate with Yiwen. Perhaps an unexpected look back can give you some enlightenment and lead you out of the predicament.