Not reliable at all—repeatedly slapped in the face by Iran, and short-side ideas profit by eating the meat! 4.19 Bitcoin Mistress trading strategy thoughts

On the evening of April 18 local time, the Iranian Islamic Revolutionary Guard Corps Navy released a statement saying that, because the United States violated the ceasefire agreement and did not lift the blockade on Iranian ships and ports, the Strait of Hormuz has been closed since that evening until the U.S. lifts the blockade. Iran warned that all vessels located in the Persian Gulf and the Gulf of Oman are not allowed to leave their berths; any act of approaching the Strait of Hormuz will be considered cooperation with the enemy, and violating ships will become targets for strikes. The statement also informed all ships and their owners that they should obtain information only through the official channels and related channels of the IRGC Navy, “There is no credibility to the U.S. President’s remarks about the Strait of Hormuz and the Persian Gulf.” Yesterday’s bearish short idea matched expectations—the coin price has continued to drift lower without stopping. By the weekend, the Bitcoin (big pie) has already fallen by more than 2,000 points—nearly 3,000 points in total. Ethereum has also fallen by more than 100 points. Follow along with the short and profit by eating the meat!

On the daily chart, this morning’s Bitcoin Mistress continued to close with a bearish candle. The coin price broke below the 5-day moving average; during the morning it continued to extend the bearish direction, and the indicators also lean toward the bearish side. So patiently hold the short positions—if you don’t have shorts, wait for the rebound and continue to set up your entries!

4.19 short-position trading strategy

Bitcoin: sell short on a rebound at 76500-77000, defend above 78000. Targets to watch: 75000-74500-74000. If it breaks through, watch around 73500-73000-72500-72000. Continue to move the stop-loss; take profit depends on the situation!

Ethereum: sell short on a rebound at 2380-2420, defend around 2450. Targets to watch: 2330-2300-2270. If it breaks through, watch around 2250-2230-2200. Continue to move the stop-loss; take profit depends on the situation!

4.19 long-position trading strategy

Bitcoin: pull back to 71500-72000 to go long with one position, defend around 71000. Targets to watch around 73000-73500-74000. If it breaks through, watch around 74500-75000.

Ethereum: pull back to 2200-2230 to go long with one position, defend around 2160. Targets to watch around 2270-2300-2330. If it breaks through, watch around 2350-2370.

Iran has repeatedly slapped the untrustworthy guys in the face. The U.S. has no choice now but to use both soft and hard tactics. Publicly calling for trade signals to cut down all the wheat. On Monday, U.S. stocks will absolutely open much lower, and the coin price will follow suit, continuing to extend the bearish trend. There wasn’t even a sideways range move over the weekend—everyone, be cautious when bottom-fishing! #Gate13周年现场直击