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ETH 4H level is still in a converging trend. The short-term support level can be tried with a small position in the 1933-1900 range for a long position, and the strong support level is at the 1823 line, which can be referenced for trading based on the support level.
ETH The previous post has mentioned that you can ambush at around 2400 or 2200, and it has now arrived at the support level below. You can pay attention to the rebound strength; this position can already be considered a relatively strong support level. I hope it can stop falling here.
BTC Recently, the rise in gold and silver to new highs has led to a capital flight from Bitcoin, causing the market to remain sluggish. Additionally, the Federal Reserve has not expressed any expectations for interest rate cuts, resulting in no positive news.
Previously, the daily trend for Bitcoin was quite good, but the capital diversion has not broken through. Currently, it has fallen below the trend, and the short-term movement is under pressure from resistance levels. The support level can be observed around 85000.
Previously, the daily trend for Bitcoin was quite good, but the capital diversion has not broken through. Currently, it has fallen below the trend, and the short-term movement is under pressure from resistance levels. The support level can be observed around 85000.
BTC in the morning market experienced a spike down of about 3700 points due to news of a potential trade war between the United States and the European Union, and has currently returned to the triangle area for a retest of the moving average, which is not a big issue.
At present, it is just a retest of the moving average satisfying one condition, but the support level below is in the range of 90500-89000.
At present, it is just a retest of the moving average satisfying one condition, but the support level below is in the range of 90500-89000.
The ETH trend is indeed a bit amusing. After struggling to break through, it retraced twice to support and formed a double bottom. Does this indicate greater stability?
Or should we remain firm in our conviction and still be bullish?
Or should we remain firm in our conviction and still be bullish?
XPIN Triangle breakout can be tried, volume hasn't picked up yet. Aggressive traders can go market order for a position, conservative traders can place a limit order around 0.00246. Stop loss if the triangle pattern breaks down.
Average price: 0.0025823
Average price: 0.0025823
Dog Village Report has black幕, bottoming out with ten times the floating profit. A needle inserted down, return my cost.
You will never eat three dishes and a soup in your life. Damn.
You will never eat three dishes and a soup in your life. Damn.
ETH daily level has formed an ascending triangle pattern and has already moved above the EMA50 moving average, waiting for the EMA20 to cross the EMA50 moving average. A turning point in the market should bring it back to an upward trend, waiting to break through the 3280 position.
Isn't it said that Binance Life is going to go on spot? Why is there still no movement?
Currently, looking at the support structure below after breaking in the 4H.
Currently, looking at the support structure below after breaking in the 4H.
ETH Thought Explanation
The recent drop in Ethereum has broken the upward trend, indicating that this phase of increase has ended.
Next, we can look for support at 2800-2750 to check the strength of the support first.
The recent drop in Ethereum has broken the upward trend, indicating that this phase of increase has ended.
Next, we can look for support at 2800-2750 to check the strength of the support first.
BTC Thought Explanation
Last night, Bitcoin once again created a barrier, this time directly breaking below the ascending triangle pattern. This may be due to the news of Japan announcing an interest rate hike. The last interest rate hike in Japan led to a stock market circuit breaker, and that black swan is still fresh in memory. This time, the interest rate has reached a historic high.
After Bitcoin broke this level, do not attempt to go long in the short term. The support below is first at the 80000 level, and if it continues to break, we will look at the 75000-72000 range.
Last night, Bitcoin once again created a barrier, this time directly breaking below the ascending triangle pattern. This may be due to the news of Japan announcing an interest rate hike. The last interest rate hike in Japan led to a stock market circuit breaker, and that black swan is still fresh in memory. This time, the interest rate has reached a historic high.
After Bitcoin broke this level, do not attempt to go long in the short term. The support below is first at the 80000 level, and if it continues to break, we will look at the 75000-72000 range.
#SUPER 4H level ascending triangle waiting to break through trend, you can wait for the breakthrough to chase the rise or operate with a small warehouse first
BTC Operation Strategy
From the 4H level, the big pie has more or less stopped falling around the 80000 mark and is currently rebounding. It is forming an ascending triangle structure; if it can consistently retrace to the trend line, it can continue to rebound.
For buying at the lower level, you can place orders in the 87200-86200 range to try to enter. Set take profit at 93500 and stop loss at 84500.
From the 4H level, the big pie has more or less stopped falling around the 80000 mark and is currently rebounding. It is forming an ascending triangle structure; if it can consistently retrace to the trend line, it can continue to rebound.
For buying at the lower level, you can place orders in the 87200-86200 range to try to enter. Set take profit at 93500 and stop loss at 84500.
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