$BTC $ETH


Yesterday's Analysis:
Unfortunately, yesterday's BTC long at 62598 and ETH long at 1750 were both missed by a hair (BTC missed by 40 points, ETH by 7 points). If they had been executed, the overnight profit would have been substantial. But it's in the past, let's continue fighting today!
Today's Strategy:
ETH short position at 1768, add to short at 1784, if it breaks below 1720 can add more short, take profit at 1690, stop loss at 1794
ETH long position at 1688, add to long at 1658, take profit at 1750, stop loss at 1648 (ETH is in a bearish trend, long positions must set stop losses)
BTC long at 62400, take profit at 63400, stop loss at 62000 (ultra-short-term, betting on trendline support, but the chart is at the end of an uptrend, be sure to set stop loss)
BTC long at 60488, take profit at 64888, stop loss at 59488
BTC short at 63288, take profit at 61288, stop loss at 63800
Summary:
Last night, the US and Iran tore up the ceasefire memorandum, leading to a decline in risk assets overall. US stocks are likely to open lower tonight, which may lead another wave of decline. However, overall it is a pullback within this uptrend. The larger timeframe trend remains bullish. Small timeframe long positions need to manage position sizes carefully. The bottom is about to be confirmed. Stay calm, set stop losses on every trade, and do not hold losing positions.
BTC-1.66%
ETH-1.97%
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