Sell Sub 89.9, buy ETH at 2340, arrange.

ETH-0.53%
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CryptoWorldDirector
"April 27 Market Analysis: Bitcoin Finds Support First, The Weekly Trend Has Changed."

Bitcoin's market finally moved yesterday on Sunday, and on the weekly chart, a bullish candlestick with a real body has closed above the EMA15 moving average. The trend of the moving averages shows signs of a bullish development, and the continuous green candles on the 3-day chart are missing just one big bullish candle. Therefore, starting this week, we need to understand: the reckless short-selling rhythm may need to be paused, as a longer bullish trend and a shorter correction might be more suitable for the current market.

โ€$BTC On Bitcoin's chart, the short-term resistance is around 79,800; see if a brief pullback is possible. The major resistance on the daily chart is near 81,150. The support below is first seen at 78,300. If an opportunity arises, try to rebound; if the trendline here is broken thoroughly, itโ€™s better to look at the support at 76,800.

โ€$SOL The resistance for Solana is at 88.4 and 89.9. Solana's trend is very weak; if it reaches 89.9, you can try to trade the pullback. The support below is around 86.1 and 83.8.

โ€$ETH For Ethereum, first observe whether the trendline on the 1-hour chart will consolidate sideways. If it consolidates, the support is around 2,340โ€“2,335. If it breaks above here, the resistance is at 2,440.

In summary, the daily and weekly indicators tell us that the reckless short-selling rhythm may need to change. The market is always slow to react; itโ€™s very unwise to hold short positions and suffer large losses. After pulling back at the key resistance levels mentioned above, itโ€™s better to first look at the support levels for rebounds to set a better trading rhythm. #WCTCไบคๆ˜“็Ž‹PK
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YouAreNotGuilty.
ยท 6h ago
Haha. ๐Ÿ˜†
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GateUser-94c5efe1
ยท 6h ago
Thank you, you have been caught in the trap.
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