Bitcoin Trading Ideas
Market Situation
Current Price: 86880.00 USDT, clear downtrend, overall in a bearish arrangement
Support and Resistance:
Main support level: 86700 USDT.
Main resistance level: 87100 ~ 87200 USDT[1].
Intraday Strategy
Long near support:
If the price pulls back to 86700 and stabilizes, a tentative long position can be tried.
Stop loss: below 86550 USDT.
Take profit: target level 87050 ~ 87200 USDT.
Short on resistance:
If the price rebounds to the 87100 ~ 87200 area and faces resistance, a short position can be initiated.
Stop loss: above 87350 USDT.
Take profit: target level 86800 ~ 86700 USDT.
Breakout short:
If the price breaks down below 86700 and confirms the bearish trend with volume, a short position can be followed.
Stop loss: 87000 USDT.
Take profit: target level 86400 ~ 86000 USDT.
Ethereum Trading Ideas
Market Situation
Current Price: 2923.47 USDT, still in a downtrend, but recent large capital influx shows signs of accumulation
Support and Resistance:
Main support level: 2920 ~ 2915 USDT.
Main resistance level: 2935 ~ 2940 USDT[2][3].
Intraday Strategy
Long in support area:
If the price stabilizes at 2920 ~ 2915, a light position can be taken to look for rebound opportunities.
Stop loss: below 2910 USDT.
Take profit: target level 2935 ~ 2940 USDT.
Short on resistance:
In the case of a short-term rebound to 2935 ~ 2940 position failing to break through, a short position can be arranged.
Stop loss: above 2950 USDT.
Take profit: target level 2920 ~ 2915 USDT.
Breakout long:
If the price breaks through the key resistance of 2940 and maintains above it steadily, a long position can be followed.
Stop loss: below 2930 USDT.
Take profit: target level 2960 ~ 2970 USDT. #ETH走势分析 $BTC
