Midnight long position for bullish trend broke through 3000 points and gained profit. Today, we can continue to wait for the trend to break through for further rise!

CN
2 years ago

Long positions for the midnight surge in the bullish trend have reached a gain of 3000 points. Today, we can continue to wait for the trend to break through and continue to rise!

Bitcoin's market also surged directly upward at midnight, breaking through to a high of 30680. As mentioned in yesterday's market layout, after breaking through the upper resistance, there is no problem with directly looking at the upward trend. The market directly surged upward, and friends who followed the layout for long positions also seized the opportunity. Seizing the opportunity in the overall market, long positions also gained nearly 3000 points. Seize the opportunity in the market, and for the intraday market trend, the morning closing was also positive, but the short-term trend still has relatively long upper shadow lines, indicating clear upper pressure. To continue the breakthrough in the intraday market, it is still necessary to continue to absorb chips before opening up the subsequent range, or consider a pullback to a support level before considering an upward trend. The support below is around 28000, and the market may fall to the support below. Consider continuing to rebound for a subsequent breakthrough and upward trend. The upper pressure is also at 30000, maintaining the range. Gradually wait for the subsequent market range breakthrough and follow the trend!

Bitcoin Chart

The market for Ethereum is similar, reaching a high of 1645, also experiencing rapid ups and downs. The upward layout target of 1600-1610 below has also successfully reached the target for profit-taking. As for the intraday market trend, the morning closing was also below the MA20 and MA30. The short-term upper pressure is still relatively clear. Since the upper pressure has not effectively held, for the subsequent market trend, it still needs to go through consolidation and bottoming to absorb chips before the next round of upward movement. The overall direction can still continue to be bullish without any problem. The intraday support below is around 1580, and a pullback to the support below can continue to consider an upward rebound. The upper pressure target is also at 1610, and breaking through the pressure target can continue to look upward to 1670. Gradually wait for the subsequent breakthrough!

Ethereum Chart

(Note: Due to the impact of timeliness, the article is recommended for reference only)

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