Bitcoin/Ethereum Evening Trading Strategy Analysis

CN
1 year ago

Attention, look again, and earn millions. Hello everyone, I am analyst Liangqiu. Here I share my views, hoping that every friend who follows can have a decent return!

Bitcoin/Ethereum once again oscillated horizontally over the weekend, with a shocking amplitude. With the end of the month approaching and the upcoming National Day holiday, it is particularly important whether it can break out of the range next week. The long positions we have set up for Bitcoin at 26,500 and Ethereum at 1,580 in the past few days also have very limited room for movement.

Looking at the four-hour chart, we have repeatedly reminded to pay attention to whether the solid candlesticks of Bitcoin at 26,500 and Ethereum at 1,580 can break through. Currently, although the market is in a horizontal trend, as long as the solid candlesticks do not break, there is no problem with long positions at the lower level. In addition, when the big cake Ethereum does not have much volatility, many people like to speculate on altcoins. Friends who follow me should be clear that I do not recommend speculating on altcoins, especially those that have just come out or have suddenly seen significant fluctuations in the news, as it is purely for harvesting.

At present, it is a matter of patience in the trend. In terms of operation, continue to enter long positions near 26,500 for Bitcoin, with a target near 27,200 to 27,500; and near 1,585 for Ethereum, with a target near 1,630 to 1,650.

This article has a time-sensitive nature. For specific strategies, please follow my Weibo account "Liangqiu" in the cryptocurrency circle.

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