Saturday noon, Jing Yi’s thoughts: oscillating with a slow upward trend, going long on the short term



Saturday’s beauty sleep is just good sleep, and it’s another day of full recovery. Dear friends, short-term trading opportunities are a once-in-a-while thing—listen as Jing Yi breaks it down for you.

Currently, the big coin is around 803. The daily bullish trend hasn’t changed. The 4-hour high-level pullback momentum is fading, and it has entered a range-bound consolidation. Short-term, the bias is slightly bullish. If the pullback doesn’t break 780, go long on dips as the main approach; if it effectively breaks below 78000, then switch to a bearish mindset.

Support: 79000-78000 (short-term bullish lifeline)
Resistance: 81800-82500 (strong pressure zone)

Operation suggestions
BTC: set up long positions around 801-795 on the pullback. Upside targets: 807-818. For defense, you can refer to 780. #Gate广场五月交易分享
BTC0.69%
View Original
post-image
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