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A Wang An’an’s afternoon analysis: the “double pancake” and the big pancake/market flat (surface):
The double pancake moves in tandem with the big pancake, surging high and then pulling back. It probed 2398, with multiple tests failing to break above the 2400 level resistance. At present, the flat surface is in the 2369 area. Before the overall afternoon pullback, the “horn/queue” volume has been accumulating strength, waiting to burst. The Bollinger Bands have broken through the upper band and are stabilizing above the middle band!
Trading suggestions:
In the 2380 area for the double pancake, wait for the pullback/entry on the order flow; the target is 2330-2300. A tight stop loss is enough! $ETH #WCTC交易王PK #比特币ETF期权持仓限额增4倍 #美联储利率不变但内部分歧加剧 #DeFi4月安全事件损失超6亿美元 #美债收益率破5%