9.8 Bitcoin/Ethereum Evening Trading Strategy with Market Analysis

CN
顾景辞
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2 years ago

Focus and see, the profit is in the millions. Liangqiu shares his views here, hoping that every friend who follows can have a good profit!

In recent days, the market's continuity is not strong. We have been continuously laying out long positions at low levels, and the overall harvest is not bad. All previous posts can be seen, but the resistance above has not been broken through. On the contrary, the volatility of altcoins is much greater, which has tempted many people to slowly operate altcoins. However, the control of altcoins is too serious, and high volatility does not necessarily mean it's good.

The market fluctuation is very small. From the perspective of the moving average indicator, the real body candlesticks have been running below the moving average all along. The weekly MACD and KDJ have all turned downwards and formed a bearish arrangement. There is heavy resistance above, and the suppression has not been able to break through. Currently, the main focus is on the support at 1600 and 25300 below. Once the support is broken, the subsequent downside space will directly expand.

Multiple attempts to rise and fall also mean that the upward momentum is insufficient, and adjustments need to be made in a timely manner if the trend changes. As the weekend approaches, the market may not provide too much space. In terms of operations, enter short positions near 26000 to 26200 for Bitcoin, with a target near 25300; for Ethereum, enter short positions near 1640 to 1650, with a target near 1600.

This article has a time limit. For more strategies, follow the public account, Liangqiu.

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