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Course 1: Bitcoin/Ethereum Evening Market Analysis and Trading Opportunities
Lesson 2: How many classic reversal forms of candlestick charts do you know?
Course 3: Exchange of Student Positions and Trading Issues
BTC/ETH Trend Analysis and Opinion: Bitcoin's highest price since November 22 last year, 108366, fluctuated and fell back to its lowest price of 88900 on Monday, launching a strong rebound; Overall, the head, shoulder, and top structure at the Tiantu level remains intact; The strong rebound space on Monday and Tuesday is close to 10000 points; At the same time, it also faces multiple tests such as a pullback trend line at high levels and the suppression of the 100000 integer level. If the rebound continues to expand, it will break through the above suppression and stand above the 100000 level; The price structure of 108000 will shift from a head and shoulder top result to a rectangular oscillation without breaking historical highs; But if today's bullish rebound cannot be sustained, under pressure of 100000, the trend of a pullback will continue
The price trend of BTC at the 4-hour level is running in a downward channel; And currently, approaching the upper edge of the channel is also a potential suppression; For the current technical trend, the first target for bulls after a breakout will be 102444, the second highest point on January 6th; Unable to break above, it will begin to fall back. The first target is the low point of 88900 on Monday
Suggestions for operation
Long position plan: Wait for 4 hours to reach the second lowest point after the second round of exploration. It is best to consider reaching the standard second round of exploration
Short plan: Focus on the intervention of sell and short signals that appear at the 4-hour level; Let's first look at the recent low point of the target
As for the timing and opportunity to intervene in long and short positions;
Short term trading opportunities within the day? Looking for specific locations? We will also share in the live broadcast room how to find opportunities for both long and short positions to enter;
Welcome to the Tencent Meeting live broadcast room to discuss and exchange with teachers for more details on currency operations and trading issues!
Recommended idea [High altitude]
Focus on Support Resistance Today
ETH resistance/98000-100000/support 95500-91500
For more details, welcome to the live broadcast room for discussion, learning, and exchange!
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