😓12.9 Midday market view.😓
$BTC View:
The big coin breaks through 90306 with volume, closing above 90306 at the hourly level, pursue long on the right side and recover stop loss.
89987 breaks down with volume, unable to recover, pursue short on the right side, recover stop loss, pay attention to changes in volume, and keep a good stop loss.
88815 shows a false breakdown, recover one more hand, if it breaks below 87770, stop loss,
if it cannot be recovered, do not go long.
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The big coin has broken through and stabilized at 90345, looking up to 91390-92323, if it cannot go above 90345, it is useless.
When shorting the big coin, be aware of the 92733 level where a 2b false breakout occurs, short one hand, if it breaks and stabilizes at 93629, stop loss.
Conservative players wait: long at 86195, stop loss if it breaks below 85183.
The big coin is still struggling, not breaking through, looking at the bearish flag pattern. Do you remember what I said before? As long as the bearish flag pattern does not break through, it will definitely break down. After breaking down, if it pulls back and re-establishes above the bearish flag pattern but does not stabilize and breaks the pattern a second time, it will be very difficult to recover.
Inside the flag pattern, an m-top has appeared, the neckline of the m-top is at 89577. If it breaks, the m-top will be established and it will go back to test the low of 87658. If this position can hold and form a double bottom, it can continue upwards; if it cannot hold, I don't know where it can go.
To stop the current downward trend, the big coin must break through the resistance level of 91457 above, otherwise it is useless. Only by breaking through 91457 can it stop the continued downward trend and look up to higher positions. If it cannot go up or down, maintaining a range between 91457-89577 would be great.
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Resistance above 90345-91390-92323
Support below 89577-88852-87658
4-hour level 89619 breaks down looking down to 88888-87718.
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$ETH Thought:
The second coin breaks through 3104 with volume, pursue long on the right side, recover stop loss.
3090 breaks down with volume, pursue short on the right side, keep a good stop loss.
Pull back to 3038 to confirm support is effective, add one more hand,
stop loss if it breaks below 3000.
The second coin stabilizes at 3120 at the hourly level looking up to 3153-3183.
Pay attention to the second coin above 3206 for a short one hand,
breakthrough at 3239 stop loss.
Left-side needle orders: long at 2978, stop loss if it breaks below 2943.
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Resistance above 3120-3153-3183
Support below 3055-3004-2953
4-hour level 3089 breaks down looking down to 3040-3000, the two arrows indicated by the white arrow of the second coin are really disgusting🤢, forming a double needle top trend. Currently, if the second coin is supported by the central axis of the box and breaks down, then just wait at the lower boundary of the box at 3005! Meeting adjourned.
