Trading philosophy: Look for trends in the long term, find entry points in the short term;



Technical Analysis: Regarding Bitcoin, the daily candlestick closed as a bearish K near 110000, the Bollinger Bands continue to contract downward, the MACD moving averages have started to flatten and move upwards, bullish volume is beginning to show slight increases, and the KDJ is starting to rise. On the 4-hour chart, the Bollinger Bands are starting to flatten, the MACD moving averages are beginning to trend upwards, bearish volume is starting to decrease, and the KDJ lines are starting to rise.

On the Ethereum side, the daily chart shows a bearish candle near 4270, the Bollinger Bands continue to run flat, the MACD moving averages continue to move downward, the bearish volume continues to expand, and the KDJ line begins to flatten and move upward. On the 4-hour chart, the Bollinger Bands start to run flat, the MACD moving averages begin to flatten and move upward, the bullish volume starts to slightly expand, and the KDJ line begins to move upward.

The current market is still fluctuating, with resistance above and support below. It is recommended to continue placing short positions near the resistance level!

Trading suggestion: Short near the resistance level!

Short Bitcoin at 111500-112000, target 110500-109000, stop loss at 113000;

Short Ethereum at 4320-4350, target 4250-4200, with a stop loss at 4400;

The strategy is time-sensitive, and specific guidance will be based on private real-time instructions! #Gate Alpha晒单挑战# #Gate上线Ondo专区现货交易# #非农就业数据来袭#
BTC-0.63%
ETH-1.36%
ONDO-0.9%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)