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LaoMaTalksTrends

Tuesday, April 21 Early Morning Bitcoin and Ethereum Latest Ideas and Operations



Everyone has times of failure; there's no need to negate all efforts because of a single mistake. Accept regret, keep moving forward. Yesterday, Bitcoin surged to around 76,200 but faced resistance and quickly fell back, once dropping to a low of about 73,669. It then started to rebound, currently around 75,500. Ethereum moved in sync, peaking at 2,348 before facing resistance and declining, dropping to a low of 2,250 before bottoming out and rebounding. It is now hovering around 2,300. Yesterday, we gained a total of 2,588 points in Bitcoin and 89 points in Ethereum.

From the current market situation, both Bitcoin and Ethereum are in a consolidation phase at lower levels after a retracement from high positions during the early morning hours. The technical indicators show diminishing downward momentum, with small-scale rebound signals gradually becoming clearer. Four-hour timeframe: The Bollinger Bands show price bouncing off the middle band support and stabilizing, with signs of a rebound toward the upper band in the early morning. MACD: DIF and DEA are above the zero line, with a slight bullish bias. After the retracement, the green bars shortened, and a golden cross is forming, indicating a recovery of bullish momentum. Tonight, Lao Ma continues to suggest a bullish long idea.

Tuesday Early Morning Trading Strategy:
Bitcoin: Go long around 75,000. Target 76,500.
Ethereum: Go long around 2,290. Target 2,350.
BTC1,89%
ETH0,77%
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EuropeanEmperorVv
· 11h ago
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