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April 21 Cryptocurrency Market Analysis
【Daily chart bullish arrangement continues to surge higher】
Strategy: ✅ Short-term short, long-term long, keep the main position ✅
1️⃣ Major market 【BTC】 【ETH】 current key support levels:
【BTC】 Short short
Open position: around 80,000
Stop loss: 81,000
Take profit: Take profit 1: 78,000, Take profit 2: 76,000
【ETH】 Short short
Open position: around 2,500
Stop loss: 2,550
Take profit: Take profit 1: 2,450, Take profit 2: 2,350
2️⃣ 【ETH & BTC】 Why not chase longs today? Because breaking the previous high could lead to a reversal downward at any time. No longer chase longs; take profits when in profit, and wait for a reasonable level to short.
Don’t casually short; don’t wait for the price to reach above the track to short. Profits from longs may reverse at any time after surpassing the previous high, so take profits and wait for a short position.
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All opinions are personal views only.
Not investment advice, do your own research (DYOR).