April 12th, Next Week Market Analysis


Currently, the daily chart remains in a large-scale sideways consolidation; future bullish retracement cannot break the midline.
Closing at 4608, the lower band supports a long position.
If the rebound does not break the 15-minute 30-line, it can be shorted.
For 8-hour retracement and rebound, the 8-day line is holding strongly, and a new high of 2330 has been broken.
Next, watch whether the 8-hour 5 and 10 moving averages cross above the 256 moving average.
If yes, pay attention to the 12-hour 256 MA.
Key levels: 2100/2130, 2060/2300—breakout on either side, act accordingly.

👿 Bullish outlook:
a. Retracement does not break 2130/2100, 2080/2050
b. Below 1-hour timeframe, must turn into a bullish trend and stand firm on the 30-line to form a bullish arrangement: 2260, 2280.
If broken, continue holding; if not, can short.
Watch whether the 15 and 30 lines cross below the 256 MA at 2100.
c. Currently, 2-3 hour charts are consolidating; act on whichever side breaks.
d. For a big rally in the future, the daily and 2-day charts must open upward: 2330/2350.
e. Watch whether the 8-hour chart turns down or up; if it crosses above 256, it forms an 8-hour bull.
If it crosses above 256, a new bullish cycle begins at 2260.
If it turns down, watch for bullish momentum at 2100/2080, at least 200-300 points, possibly 500 points.

🩸 Resistance levels above: 2230, 2250, 2280/2300, 2350/2380, 2400, 2430/2460, 2480/2500, 2550, 2580

🩸 Breakout points:
Breakout point one: 2230, can look at 2250/2260
Breakout point two: 2280, can look at 2300, 2330/2350, 2380
Breakout point three: 2400, can look at 2430, 8-hour 256 MA
Breakout point four: 2500, can look at 2550, 2580, 2600

👿👿👿 Bearish outlook:
a. Rebound does not break 15-minute 30-line or the midline at 2260
b. As long as the larger timeframe cannot hold above the 30-line and the upper band does not open, it must short.
c. Observe whether the 2, 3, 4, 6-hour 5 and 10 MAs cross below the 256 MA; if yes, short; if turning upward, consider long.
d. Watch whether the last MA line on the 8-hour chart turns down or up; observe the future trend and turning points of the 8-hour 5 and 10 MAs.

🩸 Key levels: 2200, 2170/2150, 2130, 2100, 2080, 2050, 2000, 1950/1930, 1900, 1850, 1830, 1800, 1780/1750, 1680, 1630, 1550, 1510, 1480, 1450, 1380

🩸 Break support points:
Break below 2200: look at 2170/2150, 2130, 2100
Break below 2080: look at 2050, 2000, 8-hour lower band
Break below 2000: can look at 1950/1930, 1900, 2-day lower band
Break below 1860: can look at 1850/1830, 1800, 3-day lower band
Break below 1800: can look at 1750/1730, 1700
Break below 1700: can look at 1660/1630, 1600
Break below 1600: can look at 1550/1530, 1500, 1480, 5-day lower band

For support and breakout points, it’s recommended to trade with light positions; heavy positions must include stop-loss.
Breakouts and breakdowns sometimes do not occur immediately; they require time.
Ethereum stop-loss is just 10 points; Bitcoin is 350 points.

Start with any position; focus on adding on dips.
Use stop-loss for heavy positions; light positions are flexible.
Control your position size; if one level breaks, watch the next.
Don’t chase missed entries aggressively.
Don’t panic during consolidations; trade calmly; wait for setups.

Find Dodo for position management and analysis; don’t mess around yourself.

👿👿👿 Take profit at 30%-50%, then reduce positions to preserve capital.
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