4-hour Chart Analysis

After the market's double-bottom rebound near 1879 was met with resistance and fell back, it once again tested the low point near 1820 and rebounded. If the market breaks through the downward trend line's resistance, it may trend towards a W-shaped pattern. However, it is under pressure from the daily chart, and the rebound is not strong. After a wave of market movement, there is a need for oscillation, repair, and consolidation. On the 1-hour chart, the market was blocked near 1845 and continues to oscillate within the range. Today, let's first look at the rebound. If it does not break through the upper resistance, consider entering a short position. Pay attention to the support at the lower point.

Trading Advice: Long Road Video Analysis: Long Road on Coins

Reminder: The strategy is for reference only. Trade with proper stop-loss and take-profit measures. Set take-profit targets and implement trailing stop-loss to protect profits and avoid giving back too much.

The cryptocurrency market is always in full swing. Everyone's common wish is to seize the opportunity and get a share. Please believe that "the only thing between you and financial freedom is a long road." With the guidance of the long road, you will definitely achieve your cryptocurrency wealth dream faster and more steadily.

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