#ETH ETH showed the long position layout I mentioned during the day last night (observe more at 2281 here for more closes, such as breaking up and then retesting 2281 before entering the market.) As of now, it hasn't reached the red box yet, I will continue to observe whether the red box shows reversal signals (pin bar/engulfing) and check if BTC shows a false breakout at 0.618. Today's Layout Short 1. 2383 and 2414, observe those two points for the first reversal signals 2. Red box 2355 Long 1. Green box 2217 2. Support area at 2173, then observe further
#BTC BTC came near the red box at 75597 yesterday, quickly fell and then surged. The subsequent trend directly broke through 0.5 (76000) without any reversal signals, approaching the 0.618 position, then breaking back down. I am more optimistic about shorting at a false breakout of 0.618, but until the CME gap is filled, it can only be a short-term move. Once the CME gap is reached, I will consider looking for long short opportunities. Today's Layout Short 1. The 80,000 resistance area remains (long-term layout) 2. False breakout at 78322 3. Short term—false breakout at 0.618 (76537) Long 1. Observe if a new high is made later (breakthrough 78322), I will update POC 2. I will still pay attention to the false breakdown at 73256
#BTC BTC faked a breakout at 76048 and fell back, still not confirming if it really reversed. Each time period has a different previous low, gradually breaking below the previous lows of larger time frames for confirmation. Overall, I still hold a bearish view. If looking at the daily chart, the previous low is at 70400. Once the daily chart breaks below the previous low, it is highly likely to go lower. Currently, my thought is to look for short opportunities, I still see some upward potential in the short term. The gap in BTC CME can also be referenced, as it usually gets filled, so in the short term, I believe it will still rise to fill this gap.
Short Selling 1. Red box at 75577, preferably approaching the daily resistance around 76000, observing which side shows a short signal first. 2. Look for short opportunities around 78322. 3. 80,000 resistance area.
Long Buying 1. Previous low at 73256 combined with 0.618, observe the price action at that time (false breakout/long wick are both good). 2. Yellow box (71617), falling to this position means breaking below the daily previous low (high risk - observe the price action at that time - short term).
ETH reached a new low (2281 broke through) and a short sell will be the first choice. 2281 currently seems to be a false breakout, but the risk is high, belonging to an aggressive position, as BTC is not at support.
Short Sell 1. Red box 2355 2. FIBO level 2382
Long Buy 1. Observe more here at 2281 for more closing, for example, if it breaks up, then retest 2281 before entering the market. 2. Support level at 2173
#ETH ETH reached the red box mentioned last Friday (2319) and immediately experienced a drop this weekend when it got close to this area. If you were paying attention to this position and executed this short position, you are currently making a good profit! Short 1. False breakout at 2329 2. False breakout at 2385 Long 1. The lower green boxes at 2109 and 2059 in these two intervals 2. 2155 is the bottom of the support area, where you can observe if there is any buying behavior in the support area.
#BTC 4.13 Currently at the support level (70491-70243), this position is very critical, pay attention to the price action Long: false breakout/downward pin Short: break and retest Short 1. Red box 74177 2. The retest at 72527 can be observed for price action at that time 3. Observe the current support breaking and retesting (70491-70243) Long 1. The previously mentioned green box 68829 2. If the current support area (70491-70243) shows a pin/false breakout, you can go long
#ETH Long: Still paying attention to the green grid 2109 for long opportunities Short 1. Observe price action at the upper red grid 2319 2. False breakout at 2385.
#BTC Shorting 1. The red grid 74177, but we need to observe the downward trend line. If it continues to set new lows, I will look for a pullback to short.
Going Long 1. The green grid is the main 68829 2. At the price level 70243, I will pay attention to whether there are obvious reversal signals.
#美国伊朗同意停火两周 #加密市场反弹 #ETH ETH encountered the green grid 2079-2059 and rebounded. I didn't manage to do it because I wanted to wait for the POC entry price to be more favorable and to wait for BTC to reach support safely. Currently, it seems that it will directly break through all resistance, and the next major high before the next time frame, 2385, is a false breakout for shorting, which appears to be the lowest risk short at the moment. It's not good to short at closer price levels (even if possible, it would be very short). A pullback for a long position would be relatively safe. Long Position (Following the Trend) 1. Mainly will be the green grid at 2109 2. Secondly, I will pay attention to the pullback at 2163 and observe price behavior Short Position For now, I'll wait and observe around 2385, and pay attention to the upper red (2319) when getting closer.
#美国伊朗同意停火两周 #BTC Recently, news has been flying everywhere. The understanding king made several apocalyptic threats yesterday, and then immediately, the ceasefire in Yemen lasted two weeks, causing a surge across the board. Retail investors have been severely harvested by institutions cooperating with the news. Currently, with this ceasefire news, be cautious about shorting (short-term is okay); if following the trend, looking for buying opportunities on a pullback is better. BTC is slightly off support, I haven't entered yet. The price action mentioned in the red box a couple of days ago, the resistance at 72200 can be a pin or a false breakout to short. As it stands, it directly broke through the red box to the resistance area at 72200, which is a short signal (short-term - high risk). I will take a short-term position. Buying 1. Ideally around the green box near 68829 2. Pullback to 70210 (support point is written in the chart) 3. 66839 Shorting 1. False breakout at 76053 to short 2. Short at the resistance area of 80000 *Other nearby ones are already high risk, will update again (the recent short does not count here)
#ETH ETH yesterday just reached the long area I mentioned, 2016-1985. I opened a long position, and it has now reached the T2 take profit level at 2074. I closed part of my position, and the remaining position is still held. Short 1. Backtest at 2109, which also happens to be at the 0.618 level. 2. False breakout/pin at 2198. Long 1. Price action in the range of 1985-1966. 2. Support at 1907.
#BTC BTC fell sharply yesterday, finding support at Monday's low + the weekly opening price rebounded. The lowest point was 65653, which is very close to the long area I mentioned yesterday, 65573-64900, just a little bit off. The first low support area for BTC experienced a false breakdown; I attempted to open a long position at 66214 and have already taken profits on part of it, with the remaining position still held. Short 1. 67545-67905 range 2. 68566-69296 If you are a conservative trader, you can treat these two as a single range for trading (67905-68566). Personally, I will wait for a short signal to appear there first, then decide whether to operate in batches or separately. Long 1. Focus on 65573-64900 (be cautious of price behavior) 2. Support at 63000
#ETH ETH has repeatedly faced resistance in the red grid and has seen declines, with a protective profit waiting for the market to take off after taking a short position at 2151
Short 1. False breakout/pin at 2198 2. Observe the subsequent structural changes before updating the backtest for short (this will take some time)
Long 1. I will observe the price behavior in the range of 2016-1985 2. Support at 1907
#BTC The BTC levels analyzed in yesterday's article have been reached, and I have entered all short positions, which are currently held. The short-term trend of BTC, based on today's movement, has repeatedly faced resistance at 0.618 and has directly dropped, which is not a good sign and may continue to decline. Short positions 1. Around 71299 2. Range of 67545-67905 Long positions 1. Focus on 65573-64900 (pay attention to price action) 2. Support at 63000
#ETH 4.1 Market Analysis ETH is actually performing a bit stronger than BTC, showing an upward trend in the short term. In the recent consolidation, a range has formed and it has currently broken through (2084) Short Position 1. Main red zone (around 2151) 2. I will observe the price action at the resistance of 2199 3. If it drops back below 2084 (short-term - high risk) Long Position 1. Monitor 1966 (observe price action) 2. Support at the bottom of the range at 2116
BTC was consolidating back and forth in price yesterday. It was mentioned yesterday that the red box for BTC (68566-69296) is the first short position. Early in the morning, BTC just touched 68566, and my short order was executed. I closed most of it in the morning. Currently, it is still in the consolidation area, and the current trend is expanding. Short 1. Red box (68566-69296) 2. Another red box above (71075-71190) Long Position of 65573-64951
#ETH ETH currently has no operations at this price level, I will observe whether it reaches a new high (breaking 2091) Short 1. Main red box (around 2151) 2. I will observe the price action at the resistance of 2099 Long 1. Observe 1966 2. Support level at 1907
#BTC BTC has seen a false breakout, and this is the first retest. In the short term, we need to see if it will break new highs, or if this time it will directly create new lows, which is very critical. Currently, there are no thoughts of any operations at this price level, let's observe more first. Short Sell 1. Red box 68566—69296 range 2. Can observe the false breakout at the position of 68379 Long Buy 1. 65573-64900 2. If it directly breaks down, then we look to 63012