Tuesday Morning Aunt Tai Jing Yi's Thought Process


Aunt Tai is tough, with a +4.04% increase yesterday, the rise far surpasses Bitcoin, highlighting the strong momentum of the altcoin leader, with a very strong four-hour bullish trend. After a sharp 4% surge in one day, the bullish momentum is overextended, leading to a pullback at high levels. The MACD bullish indicator is turning, indicating a short-term correction is needed; buying on dips offers a higher cost-performance ratio. High-level pullbacks for short-term trading are only suitable for short-term gains.

Short-term first resistance: 1848, 1880
Short-term weak support: 1700, 1760, 1690, (current K-line body’s lower edge, the short-term strength and weakness boundary)

Trading Suggestions
Buy on dips at the 1760-1710 support zone for a stable position, aiming for 1840;
Shorting in the 1830-1849 resistance zone where the rebound stalls, with a short-term target of 1760. #我的Gate交易时刻
ETH3.04%
BTC0.36%
View Original
post-image
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
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-18b0c1e6
· 1h ago
From now on, I only trust women.
View OriginalReply0
GateUser-18b0c1e6
· 1h ago
Only women are fit to trade futures; if a man trades futures and he doesn’t get liquidated, then the sun must rise from the west.
View OriginalReply0
  • Pinned