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Analyst Chen Shu: 8.1 short-term pullback focus on the gain and loss of 11.82, midnight market analysis / attached trading strategy
The midday price order strategy is presented, providing a short position for Bitcoin at 11.86 and a short position for Ethereum at 3865. The short positions successfully profited with a maximum gain of 800/100 points. Congratulations to friends who followed the operations.
Market Analysis: Bitcoin's daily chart is currently oscillating around the MA5/10 moving averages, focusing on the gains and losses at 11.82. If it cannot return above this line, it may again test the MA30 moving average at 11.58 in the short term. For Ethereum, it has once again tested the daily MA10 moving average at 3760 during the day, paying attention to the situation if this line is lost; short-term support should first focus on the 1-hour MA256 moving average at 3750.
Trading Strategy (Posted at: 23:30):
BTC: 11.82/11.9 short, target 11.75/11.65; buy at 11.55 below and look for a 2-3000 point rebound.
ETH: Short at 3800/3850, target 3750/3700; Long at 3660/3600 line looking for a 60-100 point rebound.
Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can follow, collect, like, and comment for free, thank you all. Everyone is welcome to leave comments below for discussion, and I will respond one by one!