May 6 Cryptocurrency Market Analysis ‼️ (Important after reading)


【Short and long positions can be held】
Strategy: ✅ Accelerated upward movement followed by pullback ✅
1️⃣ Market Overview 【BTC ETH】 Current key support levels:
【BTC】
Open position: Around 82,000 waiting for a top pattern on the 15-minute chart
Stop loss: At the highest point at that time
Take profit: Take profit 1: Around 81,000, Take profit 2: Around 80,500
【ETH】 Short position
Open position: Around 2,464 waiting for a top pattern on the 15-minute chart
Stop loss: At the highest point at that time
Take profit: Take profit 1: Around 2,400, Take profit 2: Around 2,370
2️⃣ 【ETH & BTC】 Recommend more ETH, BTC daily chart is making new highs, the market doesn’t look like a top, continues to rise,
Pay attention to:
One: Data at each new high point.
Two: Top patterns on 15-minute and 1-hour charts.
Three: BTC daily chart no longer making new highs. Adjustment signal resonance.
Suggest that more ETH may have a rebound rally. As the market rises, ETH has a rebound demand, stop loss at 2,320.
Mainly watch the 82,000 level for BTC resistance data. A short-term short position can be taken. If you don’t have a long position, don’t chase.
If this helps you, please give Brother Qiang a like 👍 + follow.
All opinions are personal views only.
Not investment advice, DYOR.
BTC-0.49%
ETH-2.1%
View Original
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