Analyst Chen Shu: 7.18 Afternoon Strategy Successfully Profited, Focus on Retracement Strength, Midnight Market Analysis / Accompanying Trading Strategy
Market Analysis: The daily line of Bitcoin is still oscillating around the 11.85 line, consistent with the analysis in the afternoon article. The daily level is still above the MA5/10-day moving averages, maintaining a strong short-term trend. Attention should be paid to whether it can continue to stabilize above the 11.85 line. As for Ethereum, after a slight pullback on the 4-hour chart, it has once again risen above the MA5 daily moving average. If it pulls back and falls below the 4-hour MA10 daily moving average, the short-term bullish trend will come to an end.
Trading Strategy (Published at: 00:20):
BTC: Long at 11.8, add to long on pullback at 11.68, target 11.88/11.95, short at 120k/12.1 looking for a 2-3000 point retracement. ETH: Long at 3360, add to long on pullback at 3300, target 3400/3450, short positions synchronized with Bitcoin.
The daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, save, like, and comment, thank you all, and feel free to leave messages for discussion below; I will reply to each one!
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