BTC, ETH analysis, operation strategy


[Love] BTC was affected by news such as the downward revision of non-agricultural data in the early morning. Little Kennedy considered withdrawing from the election to gain more votes for Trump. The daily candlestick closed with a long positive. The current price is near the previous resistance level, which requires a pullback. If long positions remain strong above 60000 and move horizontally, there will be an opportunity to challenge the reversal level of 62500-63500. If it falls below 59500, it indicates that the rally last night was just a bull trap behavior at the resistance level, so it is recommended to watch more and act less at the moment. Stick to the principle of expecting a pullback after reaching a high until the reversal level is firmly established.
[爱心] ETH did not rise sharply after last night's V god milk, still maintained a range of shocks, the upper level is still follow2680resistance, if this level is blocked, it will not be able to open the rise space, the lower support still looks at the 2500-2530 range, and the break level looks at 2400/2300.
[爱心]Spot Strategy:
1: Those who hold short-term swing trading have a defense at 60000, and the target is to look at 62500/63500. If the Rebound does not break the resistance level or falls below the defense level, you can profit by reducing positions.
2: Consider waiting for a pullback to the trend line at 59500 for swing trading, and defend if it falls below, currently too close to the resistance level, watch more and act less, only chase if it breaks through the reversal point, otherwise wait for a retreat.
3: ETH short-term swing trading defends 2600, target 2670/2720, profit from rebound without breaking resistance, reduce position.
BTC-0.07%
ETH-1.21%
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RidingTheWind,Breakin
· 2024-08-22 05:02
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