Yesterday the market experienced a V-shaped reversal, first falling and then rising. Yesterday's strategy provided buy the dip opportunities for BTC over 100,000 and Ether over 3,200. The high short positions also provided opportunities to make money. BTC's long and short positions had a massive 4,000 points to make money, while Ether, excluding stop loss orders, had about 200 points of making money space. Let's keep up the effort today!
What needs to be noted today is that yesterday BTC did not stand above the 104800 position, Ether briefly broke below 3480 to 3485, and has not stood above either. Yesterday the altcoins experienced a surge, and today we need to pay attention to whether BTC can stand above the 104800 position. If it stands above this level, it will form a 4-hour stop-loss trend, with the potential to test resistance around 106000. If it cannot break through the 104800 position, it will remain in a downtrend. BTC resistance 104400/106000( will attempt to surge to 104400 this evening; if it does not break, you can try a short position again with a small stop loss at 104800. More conservative traders can wait for a short opportunity near 106000, with a stop loss at 107500 and a take profit at 104850/104000). Buy long at the support level of 101600, defend at 100800, take profit at 102500/104000. Ether resistance 3560/3660 (the first time reaching near these two positions can short, defend 40 points, take profit 3590/3490) The support below is 3405/3375 (. Today, the pressure at 3405 has been tested once. You can wait for a buying opportunity near 3375, with a stop loss at 3325 and a take profit at 3450/second take profit level: if it breaks 3480, you can hold half of your position and aim for around 3530.) Aggressive traders can also enter a long position again at 3405 and add to their position near 3370. SOL rebounded to 164 yesterday and faced pressure again. Pay attention today; if altcoins continue to rise, SOL can break through the 168 position and look towards resistance between 173 and 176. Support 158.5/154 (You can buy near 158.5, 154 may not be reached, defend at 149, take profit targets 164/168/173) DOGE had a breakout yesterday, and if it retraces to around 0.176 today, it’s a good opportunity to buy long, with a stop loss at 0.17 and take profit at 0.182/0.188. 0.188 is near the first strong resistance level for DOGE. If it breaks through 0.189, it can be expected to reach the two levels of 0.195/0.2. The altcoin market has some movements, when chasing more positions, be sure to control your position size, be careful of pullbacks, and those who prefer stability can wait for a retracement opportunity. Wishing everyone smooth trading and a happy weekend. See you on the live stream tonight! $BTC3L
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Yesterday the market experienced a V-shaped reversal, first falling and then rising. Yesterday's strategy provided buy the dip opportunities for BTC over 100,000 and Ether over 3,200. The high short positions also provided opportunities to make money. BTC's long and short positions had a massive 4,000 points to make money, while Ether, excluding stop loss orders, had about 200 points of making money space. Let's keep up the effort today!
What needs to be noted today is that yesterday BTC did not stand above the 104800 position, Ether briefly broke below 3480 to 3485, and has not stood above either. Yesterday the altcoins experienced a surge, and today we need to pay attention to whether BTC can stand above the 104800 position. If it stands above this level, it will form a 4-hour stop-loss trend, with the potential to test resistance around 106000. If it cannot break through the 104800 position, it will remain in a downtrend.
BTC resistance 104400/106000( will attempt to surge to 104400 this evening; if it does not break, you can try a short position again with a small stop loss at 104800. More conservative traders can wait for a short opportunity near 106000, with a stop loss at 107500 and a take profit at 104850/104000).
Buy long at the support level of 101600, defend at 100800, take profit at 102500/104000.
Ether resistance 3560/3660 (the first time reaching near these two positions can short, defend 40 points, take profit 3590/3490)
The support below is 3405/3375 (. Today, the pressure at 3405 has been tested once. You can wait for a buying opportunity near 3375, with a stop loss at 3325 and a take profit at 3450/second take profit level: if it breaks 3480, you can hold half of your position and aim for around 3530.) Aggressive traders can also enter a long position again at 3405 and add to their position near 3370.
SOL rebounded to 164 yesterday and faced pressure again. Pay attention today; if altcoins continue to rise, SOL can break through the 168 position and look towards resistance between 173 and 176.
Support 158.5/154 (You can buy near 158.5, 154 may not be reached, defend at 149, take profit targets 164/168/173)
DOGE had a breakout yesterday, and if it retraces to around 0.176 today, it’s a good opportunity to buy long, with a stop loss at 0.17 and take profit at 0.182/0.188.
0.188 is near the first strong resistance level for DOGE. If it breaks through 0.189, it can be expected to reach the two levels of 0.195/0.2.
The altcoin market has some movements, when chasing more positions, be sure to control your position size, be careful of pullbacks, and those who prefer stability can wait for a retracement opportunity.
Wishing everyone smooth trading and a happy weekend.
See you on the live stream tonight! $BTC3L