Trader_Rasheed
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Intraday trading ideas for June 19


BTC Good afternoon everyone, after experiencing the Federal Reserve's decision early this morning and various external conflict news, it seems that the crypto market has almost digested these negative sentiments! Although the Federal Reserve shows no signs of cutting interest rates for now, they will continue to maintain two rate cuts within the year! This news is also relatively positive! If they do not cut rates, there will be $1.2 trillion in interest payments due by the end of June! This is quite a headache! Returning to the market, after the consolidation in the early hours, Bitcoin is currently undergoing a 4-hour level rebound. If it stabilizes at 105500 during the rebound, the bullish momentum will be stronger, with resistance levels at 106600 and 107700 ahead! Those looking to short should pay attention to entry! Be cautious of a spike to 108300! If the 4-hour level retraces and breaks below 104300, then this rebound will be over! Wait to enter long positions near the support levels of 103800, 103500, and 103000!
ETH is also following Bitcoin for a 4-hour level rebound. If the rebound breaks through 2550, the bulls will be stronger, with resistance levels ahead at 2580, 2606, and 2628! Those looking to short should pay attention to entry points! Beware of a spike to 2660! If the 4-hour level retraces and breaks below 2500, then this rebound will temporarily end, returning to the lower levels of 2480 and 2460 for long positions to wait for entry! Beware of a spike to 2435!
SOL Solana gave fans a heads up last night, with long positions entering around 144. Now there are decent profits to be made, and it is currently following Bitcoin's 4-hour rebound. If the 4-hour level stabilizes around 148, the market may push higher again, with resistance levels at 150, 151, and 153! Those shorting should pay attention to entry points! If the 4-hour level pulls back and breaks below 144.8, then the market will continue to correct, with support levels at 144 and around 140! Long positions should wait for the right entry! #Gate最新储备金104.53亿美元创安全新标杆# #GENIUS稳定币法案通过#
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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