May 5th Cryptocurrency Market Analysis ‼️‼️‼️


【Short and long positions can be held if desired】
Strategy: ✅ Breaking the 80k level requires the daily chart to stabilize ✅
1️⃣ Major Market 【BTC ETH】 Current key support levels:
【BTC】 Short sell
Open position: Around 82,000, wait for a top pattern on the 15-minute chart
Stop loss: At the highest point at that time
Take profit: Take profit 1: Near 81,000, Take profit 2: Near 80,500
【ETH】 Short sell
Open position: Around 2,464, wait for a top pattern on the 15-minute chart
Stop loss: At the highest point at that time
Take profit: Take profit 1: Near 2,400, Take profit 2: Near 2,370
2️⃣ 【ETH & BTC】 Yesterday, two missiles hit the warship during trading, causing BTC and ETH to plunge temporarily. BTC hit the stop-loss level and then rebounded, ETH held firm under pressure. BTC closed yesterday at 79,826 on the daily chart.
ETH 2347, due to the upward push, there are still 1,000 points to reach the target, mainly watch the pressure around 82,000. A short position can be considered.
For those without long positions, it’s advised not to chase. Wait for a top pattern on the 15-minute chart to short if it appears.
If this helps you, please give Brother Qiang a like 👍 and follow.
All opinions are personal views only.
Not investment advice, DYOR.
BTC1.41%
ETH0.84%
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HighAmbition
· 1h ago
To The Moon 🌕
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