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Hello everyone, I am Tony the Elder. I will be live streaming for everyone at exactly 7 pm tonight.
Bitcoin's weekly chart has been bullish for 6 consecutive days, rising from 74000 to 107000, with a total increase of 33000 points. There has been no major retracement, and it has experienced three box oscillations in the middle. The first two box oscillations were physical breakthroughs. The morning high near 106000 is the weekly level double top position, which is a must short area and has a wave of retracement no matter what. I have clearly explained this position to everyone in my live broadcast, and it is also an ambush position for our brothers. Now that the daily chart has turned negative and positive, the market reversal point, which is 106000, can be dominated by high altitude. Let's first look at the support level of 98000-96000.
Ethereum and Bitcoin are moving differently. Last week, after Ethereum started to make up for its gains, the daily chart level had already started to retrace to the high position of around 2750 before experiencing a reversal. The weekly chart is also a bearish candlestick, with strong pressure above 2950 and strong support below 2100
Recently, Ethereum has been experiencing significant fluctuations, and short-term trading is quite suitable. With Ethereum's trading volume doubling compared to before, let's take a look at short-term trading together tonight.
Tonight's live broadcast will bring you real-time short-term orders, including the layout of mainstream Ethereum knockoff market in the future.
QQ group number: 810794095
Meeting number: 734-628-1523
Weibo account: BTC - Old Tony
Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
