May 12 Cryptocurrency Market Analysis ‼️


【Previous High Resistance】
Strategy: ✅ Test support at ✅
1️⃣【ETH & BTC】Yesterday, it was pushed down again to 82,000, indicating that the bears are still strong. Support at 80k below. Today remains the same; if you’re long, focus on not breaking below 80k to keep riding the trend. If it breaks below 80k, you can reverse and short.
ETH has already broken 2,300 points; look for resonance points with BTC.
2️⃣ Market Overview 【BTC & ETH】
【BTC】Waiting for a 15-minute breakout of the descending channel.
Open position: Not in a hurry to open long positions; watch for not breaking 80k and a breakout of the 15-minute trend line.
【ETH】Waiting for a 15-minute breakout of the descending channel.
Open position: Find resonance with BTC.
【BTC】Break below 80k to short.
Open position: Break below 80k.
Stop loss: 1-hour closing price back above 80k.
Take profit: Near 79,000.
If this helps you, please give Brother Qiang a like 👍 + follow.
All opinions are personal views only.
Not investment advice, DYOR.
ETH-0.26%
BTC-1.08%
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PrajnaEth
· 11h ago
oyxwulowwwkloyzxwzzzwooyzxzx9owwwwoowww
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ATacticallySteadyAndCautious
· 22h ago
Just charge forward 👊
View OriginalReply0
Eterz
· 05-12 13:20
Just charge forward 👊
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EarnABillionBigPancakes
· 05-12 10:18
Buy the dip 😎
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OxRenWoXing
· 05-12 10:10
ETH & BTC】Yesterday, it was pushed down again to 82,000. The bears are still strong here. Support at 80k below. Today remains the same. For long positions, focus on not breaking below 80k to continue buying. Once it breaks below 80k, you can reverse and short.
ETH has already broken 2,300 points. Look for resonance points with BTC.
2️⃣ Market 【BTC ETH】
【BTC】Waiting for a 15-minute level breakout of the descending channel
Open position: Not rushing to open a long position, watch for not breaking 80k and breaking the 15-minute trend line.
【ETH】Waiting for a 15-minute level breakout of the descending channel
Open position: Find resonance with BTC
【BTC】Break below 80k short
Open position: Break below 80k
Stop loss: 1-hour closing price back above 80k
Take profit: Near 79,000
If this helps you, please give Brother Qiang a like 👍 + follow
All opinions are personal views only
Not to be taken as any investment advice. DYOR
View OriginalReply0
HighAmbition
· 05-12 08:11
hop on board
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