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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Analyst Chen Shu: 8.5 long order profit target at 116,000 resistance level, midnight market analysis / accompanying trading strategy
The afternoon article continues the direction given in the past two days, providing the current long order strategy. Bitcoin rebounded to a high of 11.54, and Ethereum rebounded to a high of 3670, capturing 1200/130 points on the long order. Congratulations again to those who followed the operation.
Market Analysis: Bitcoin's daily chart is currently showing another bullish candle. The resistance level to watch is the MA30 moving average at 11.63. If it breaks through and stabilizes above this level, the short-term downtrend will end and we will return to a larger consolidation zone. The support level to focus on is whether it can maintain above 11.5. As for Ethereum, today's daily chart shows a strong bullish candle with the price approaching the resistance level around 3700. The next resistance to watch is at 3770. On the 4-hour chart, the short-term price is currently at the MA60 moving average resistance area around 3700, so pay attention to the pressure at this resistance level.
Trading Strategy (Published at: 0:30):
BTC: 11.47 long order, pull back to 11.43 to add long order, target 11.6
ETH: 3630 long order, pullback to 3600 to add long order, target 3700/3730
Daily analysis strategy has a high win rate! Analysis is not easy, I hope everyone can give a free follow, collect, like, and comment, thank you all, and welcome everyone to leave a message below for discussion, I will reply one by one! #晒出我的Alpha积分# #加密市场反弹# #加密项目计划#