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April 8 Cryptocurrency Market Analysis ‼️
【One Candle Changes Three Views】
Strategy: ✅ Breakout of the range, wait for a pullback to go long ✅
1️⃣ Market Overview 【BTC ETH】 Current key support levels:
【BTC】Long 📈
Entry: 70,800
Stop Loss: 70k
Take Profit: Near 73,000
Maintaining strength, not breaking below 70,000
【ETH】Long 📈
Entry: 2,230
Stop Loss: 2,200
Take Profit: 2,350
Maintaining strength, not breaking below 2,200
2️⃣ 【ETH & BTC】 Recent trades have been influenced by war rhetoric, which changed the market. Instead of the end of civilization, negotiations are ongoing. During negotiations, conflicts may still occur, causing price fluctuations. Key levels should be protected with stop losses.
Market moving upward is a good sign. Risk is involved. The overall candlestick pattern has already shown strength. Continue to follow the bullish trend, respecting market choices. This position is critical; a reversal is a signal. Check if the weekly resistance level can be broken in one go.
Ethereum has broken through the weekly resistance; if it remains above this level this week, it indicates strength.
If this helps you, please give Brother Qiang a like 👍 and follow.
All opinions are personal views only.
Not investment advice. DYOR.