On Wednesday, October 23, Bitcoin and Ethereum Swing Trading Ideas!
Recently, the overall trend of the US stock market has been relatively weak,
after the opening, there was a round of retracement,
and this rhythm is still ongoing,
the current form of movement still has a high probability of impacting the crypto space!
On the daily level, after the price of the coin hit a peak and was blocked, it fell sharply, although there were minor rebounds during this period, it was merely wishful thinking and overall strength was insufficient to achieve a significant recovery effect, and the bearish sentiment continued to intensify! As the trading volume gradually shrinks, the price has repeatedly tested the short-term support area below! The current range fluctuation undoubtedly only exacerbates the consumption of the already limited trading volume, and once the short-term support below is broken, it will mark the beginning of a significant retracement!
Swing Trading Ideas:
Short Bitcoin around the 67,700-68,500 area, aiming down to 65,000-64,500!
Short Ethereum around the 2,670-2,710 area, aiming down to 2,540-2,500!
When flowers bloom, one should pick them first; in the investment market, those who are perceptive and insightful always earn the profits of those who are unaware and late to react. Profit is the only standard for measuring strength! Following is the best shortcut to saying goodbye to losses! First-class strategies, first-class signals, first-class execution, absolutely lead to first-class prosperity! #币安上线SCR现货 #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #SEC批准多支比特币ETF期权 #牛市赛道是那条？
