7.20 Linmu mid-day BTC/altcoin strategy analysis


From short-term trend observations, the pullback to around 64,500 is more often viewed as a benign correction in an uptrend. Notably, on the 4-hour level, the Bollinger middle band is providing strong support; the price is running closely along the middle band, and the KDJ indicator at low levels is about to form a golden cross, with bearish momentum clearly weakening. It is expected that the market will build a base around the 64,500 area; once it stabilizes, upside space will open.
Trading ideas:
BTC: After a pullback to 64,300-63,800 support, go long, targeting around 65,600-66,300
ETH: After a pullback to 1,850-1,825 support, go long, targeting around 1,910-1,950 near#GUSD年化升至3.8% $BTC $ETH
BTC1.59%
ETH1.00%
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TaikoTinker
· 07-20 05:50
Thanks for sharing! I’ve also been watching this area recently—there is definitely strong support around 64,300, and with the KDJ golden cross expected, it feels like the probability of this bounce is high. Still, be careful about a black swan—set your stop-loss properly.
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QuantFarmer
· 07-20 05:42
Analysis is thorough—waiting for the surge!
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OrderbookMindreader
· 07-20 04:50
The strategy is clear, but I think the resistance from the “second pancake” might be stronger. Whether 1950 can be reached will still depend on the “big pancake’s” mood.
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CrossChainArb
· 07-20 04:49
Bro, is this support level reliable? The indicators really do look good, too—I’m also planning to follow along with the first move.
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