The air force is dead, the bulls should stand up and continue to predict!
Shark firmly bullish
Evening thoughts sharing 10.18
Good evening, brothers
I am Shark. The liquidity is relatively poor on weekends. Small corrections are normal. Don’t worry. At present, the big cake has been trading sideways for a few days. The high point of yesterday’s explosion reached 69,000, and a small-level correction was made. As the market moves, the structure here has become clearer. At present, it has officially broken through the pressure level of 68,500. The market will only go up and will not continue to go down. Understand?
Now just pay attention to the big cake stepping back to 68,000-67,500. If it does not fall below these two positions, it will still be an upward trend. The goal is definitely to reach 70,000. There is no doubt about this.
The mid-term structure is bullish, and you should boldly buy low when it falls back.
Recognize and treat every pullback because it is your chance to get on board.
In principle, as long as Bitcoin is still above 64,500, the rise has not ended.
What to do and at which point, brothers who understand should know it.
Let's talk about Ethereum.
Ether has now broken through the high point of the sideways zone. From the weekly level, there will be a wave of compensatory gains, so let the bullets fly for a while.
If it falls back to around 2630 and does not fall below, it will break through the high point of 2688 and can see above 2730. Just seize the opportunity to buy more.
Operation direction:
Sui and Neiro continue to hold and wait for the Bitcoin to change and rise on Monday.
A small-level pullback of Bitcoin will be followed by long positions in the 68,000-67,500 range.
A stop loss of several hundred points is enough Target 69588 out
Ether near 2630 long stop loss 2590 target 2678 out
Medium and long term Bitcoin short position 70588 stop loss 71588
The idea has been given and there will be timely notification if there is any adjustment
Next week, be optimistic about 70,000 Bitcoin, brothers
