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April 17 Cryptocurrency Market Analysis
【Daily Chart Bullish Arrangement】📈📈📈
Strategy: ✅Long position betting✅
1️⃣ Market Overview 【BTC ETH】 Current key support levels:
【BTC】Long position
Open: Around 74,700
Stop loss: 74,000
Take profit: Take profit 1: 75,800 Take profit 2: Around 77,500
【ETH】Long position should ideally have a core position
Open: Around 2,314
Stop loss: 2,300
Take profit: Take profit 1: 2,400 Take profit 2: Around 2,500
2️⃣ 【ETH & BTC】 Currently, BTC is consolidating in a daily bullish arrangement, still actively looking for long entries with proper stop losses. On the 1-hour chart, buy-in at the second entry, as long as the lows are not broken, it’s considered a second buy rhythm. Yesterday, MSTR again showed a bullish candlestick with a long tail, and today we wait for another upward move, maintaining defensive positions before entering.
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All opinions are personal views only.
Not investment advice, DYOR.