Bingbing Evening Outlook



Currently, 2083 is the key long/short boundary: only a valid breakout above it will end this round of decline and trigger a rebound; if it continues to trade below 2083 and does not keep declining, that is already strength.
In terms of downside support, the previous low at 2016 is of questionable strength—since the rebound has not made a new high, a pullback is very likely to break the low.
Once it breaks below 2016, it will probe down to the 1975–1936 support zone to wait for a bottoming out signal.

Trading reference
• A volume breakout above 2057 allows for a right-side long chase;
• A volume breakdown below 2035 allows for a right-side short chase—strictly use a stop-loss, and focus on volume.
• 1H: Stay above 2057; the upside target is 2084–2126;
• 4H: Break below 2012; the downside target is 1966–1936.
$BTC $ETH p#Gate广场四月发帖挑战
BTC2.86%
ETH2.81%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin