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May 10th Cryptocurrency Market Analysis ‼️
【More ETH】
Strategy: ✅ If it doesn't fall, go long ✅
1️⃣ Market Overview 【BTC ETH】 Current key support levels:
【BTC】Long
Open position: Around 80,400
Stop loss: 80,000 level
Take profit: Around 81,500
【ETH】Long
Open position: 2312
Stop loss: 2300 level
Take profit: 2355
2️⃣ 【ETH & BTC】BTC daily chart, 12-hour timeframe, can't fall further, currently on a small timeframe with EMA bullish alignment, so follow the trend and turn bullish. As long as BTC doesn't break below 80,000 and ETH doesn't break below 2300, go slightly long on BTC and ETH. Take profits when the market looks good. If it hasn't broken previous highs, there is still a risk of correction, so quick in and out, avoid holding positions too long.
If this helps you, please give Brother Qiang a like 👍 and follow.
All opinions are personal views only.
Not investment advice, DYOR.