In the Bitcoin daily chart, there is a slight intraday rebound, testing the key resistance level of the MA30 daily moving average at 8.94. If it can break through and stabilize, the short-term outlook will turn bullish; if the test fails, it will still be weak and oscillate for adjustment. On the 1-hour chart, as the MA256 daily moving average continues to decline, the price has broken through this resistance level, and the support level to watch for a reversal is around 8.75 after retesting.


On the Ethereum daily chart, the short-term rebound has reached the resistance level of the MA5/10 daily moving averages. The key resistance above is at the MA30 daily moving average of 3030, which is also a 4-hour resistance level. Support levels to watch are around the MA256 daily moving average of 2950 on the 1-hour chart.
Midday trading ideas:
Buy BTC at 8.8, add positions on dips to 8.72, target 8.95/9.05, consider shorting above 9.05 for a 1 - 2000 point pullback;
Buy ETH at 2950, add positions on dips to 2900, target 3020/3060, short at 3060/3100 for a 6 - 100 point pullback. $SOL $XRP $BNB
Daily strategy success rate is very high, analysis is not easy. Please give a free follow, bookmark, like, and comment!
BTC0,18%
ETH-0,02%
SOL0,54%
XRP-0,9%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)