7.25Jack Morning “Two-Biscuit” Analysis and Strategy


Before the session, after pushing up to the 1886 high, the market continued to weaken and moved lower all the way; the price slid down to 1847.77 to stop the decline.
After the bottom was formed, the market entered a sideways consolidation and repair phase. In the short term, the moving averages are gradually flattening; the current price is fluctuating around 1862. In the medium and long term, the moving averages remain above and continue to exert pressure, so the overall picture is still a weak repair after a major selloff.
Trading advice: do “哆”
Trading range: 1840-1850
Stop-loss defense: 1820
Ziying 1880#币圈##区块链#
View Original
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
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
NFTDCA
· 2h ago
Every time I see this kind of “go long” advice, I get scared—if the broader market is this weak, how dare you bottom-fish? Be careful, it may drop further.
View OriginalReply0
CapacityLimiter
· 2h ago
Actually, going long from this position has a pretty decent risk-reward ratio. If you set a stop-loss at 1800, then if it breaks you concede. But if you can reach 1880, the profit would be quite substantial. The key is whether you can hold above 1845.
View OriginalReply0
MEVShadow
· 3h ago
In the short term it’s definitely weak, but the 1840 support is still holding fairly well—this issue isn’t a big problem.
View OriginalReply0
HedgeFundView
· 4h ago
A spike up followed by a pullback is normal. It’s now ranging sideways and building up for the next move—his entry levels are good; follow along with it for a trade.
View OriginalReply0
  • Pinned