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#BTC is currently fluctuating around 80,700, successfully testing the 80,000 level again.
• Support levels: 80,000 (strong psychological support), 78,000
• Resistance levels: 82,500 (recent high resistance), 85,000
• Contract strategy:
• Long entry: Enter in batches between 79,800 - 80,200, stop loss set at 78,500, target towards 82,500.
• Short entry: A light position can be taken at 82,500 to catch a pullback, target towards 81,000.
#Ethereum
ETH is relatively lagging, currently around 2,325.
• Support level: 2,265
• Resistance levels: 2,350, 2,400
• Contract strategy:
• Long entry: Enter between 2,280 - 2,310, stop loss set at 2,240.
• First target 2,350, after stabilizing, look towards 2,400.
• Short entry: When first touching around 2,360 - 2,380, try a swing short, stop loss at 2,410.
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The above strategies are for personal analysis only and are for reference, profits and losses are at your own risk.