New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
After the coin price rises with a long wick candle, the short order profit falls back. The intraday rebound continues short! 6.9 BTC ETH strategy.
The weekend coin prices are relatively strong, with BTC and ETH both reaching new highs in the past few days. However, the short order entry points have been quite accurate, and currently, there are small gains from the short orders. Friends who have followed along can set their stop-loss at a reasonable level; if triggered, continue to enter at stable points!
From a technical perspective, the daily chart shows three consecutive bullish candles, but this morning's close produced a bullish candle resembling a doji, and the rebound was blocked near the 20-day moving average at 106500. Therefore, focus on this line's gains and losses during the day. If the resistance is broken, there is still some room above. The four-hour indicators are leaning bearish, so Conan suggests focusing on short orders during rebounds! Key resistance levels above are 106500, 107000, 18500, and 109300, while key support levels below are 105000, 103800, 103000, and 102000.
6.9 BTC trading strategy: Aggressive traders can short on the rebound at 106000-106500, while conservative traders can enter at 107000-107500, with a stop-loss near 108000. The target is around 105000-103800-103500-103000, and if it breaks down, watch for 102500-102000. Continue holding if it breaks through, depending on the situation!
6.9 ETH trading strategy: Enter a short order on an intraday rebound at 2530-2550, with a stop loss near 2580. The target is around 2480-2450, and if it breaks, watch for 2420-2400-2380. Continue to adjust the stop loss based on the situation!
Long order idea: BTC intraday retracement 102000-102500 buy once, defend around 101500, target looks at 103000-183500-104000 nearby, break the position and move the Bollinger stop loss according to the situation!
ETH retracement 2380-2400 buy, defend around 2360, target around 2430-2450, move stop loss based on the situation if broken!
Although Trump wants to force the Federal Reserve to accelerate the pace of interest rate cuts, the non-farm payroll data is performing well, and inflation is not too severe. Therefore, Conan believes that there will not be a significant interest rate cut in the short term, so everyone should not expect too much of a rate cut!