July 22th, THENA Noon BTC/ETH Analysis


After a spike upward, it entered high-level consolidation. The broader bullish trend is still in place, but there is clear downward pressure overhead. Do not chase gains upward. Do not take an overly aggressive short. The main strategy is to go long on pullbacks to support.

BTC (66250.1)

Support: 65450; Resistance: 66924
Trade: Go long near 65500 on a pullback. Set a stop loss below 65400. Target 66924. If support breaks, watch from the sidelines.

ETH (1931.02)

Support: 1912; Resistance: 1953.64
Trade: Buy the dip near 1915 with a relatively low entry. Set a stop loss below 1910. Target 1953. If support breaks, pause taking longs.

High-level consolidation is building energy; volatility is increasing. Use a light position size and strictly set stop losses. #BTC#ETH
BTC-0.60%
ETH0.61%
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