BTC has failed to break through three times, is it a fake out or a washout? ETH has just reached the top of the channel.

CN
分金禅
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1 year ago

Bitcoin fluctuated between 43380 and 44300 all day. There have been three attempts to break through to the upside, but all have been unsuccessful. It is probably because the main force is waiting for today's SEC news, so the long and short sides are constantly in a state of tension.

ETH is following a very standard pattern, currently oscillating within a channel. Buying on dips is advisable, and shorting a little at the upper boundary of the channel is also possible.

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Disclaimer

All content from this ID is based on technical analysis of trading theories, but does not guarantee the accuracy and completeness of the information, and is not responsible for any losses or damages caused by inaccurate or omitted information.

All information in this article is for reference only and under no circumstances constitutes investment advice for anyone, nor is it a basis for trading and services. I am not responsible for any deviations or losses incurred from the use of this article, nor do I assume any legal responsibility!

The targets I have made are all notes from my actual trading operations. Please do not blindly follow the trades. The stock market is risky, and investment should be cautious!

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