This morning's Bitcoin double bottom strategy



Operation: No trades in the 1790 - 1810 range
First target: 1750
Second target: 1700

Currently, the double bottom chart is weak, the moving average system is starting to diverge downward, and the price is being pushed back after bouncing near the moving averages. Indicators are also forming a death cross at high levels, and the bullish momentum bars have turned green then continued to shrink, indicating that the rally is just a fleeting moment.
Wait for the rebound to the resistance zone of 1790-1810 to go short directly; this is both a former support turned resistance level and also presses against a 4-hour moving average. Look for a move down to 1750 and 1700. $ETH #分享美股交易赢英伟达股票
ETH-5.72%
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