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Good evening everyone, I am Zhang Sanfeng from MoCe Chain. I have over ten years of trading experience and a complete trading system. Welcome to learn and discuss together.
Technical analysis of Da Bing: Based on a 30 minute time cycle, Da Bing is currently in a period of oscillation, with fluctuations between 83000 and 86000, and there is currently no trend of breaking through or falling below.
From a daily level perspective, if there is a rebound trend, a small bearish candlestick has emerged and the trading volume is relatively weak. With the new high of the gold index, Bitcoin may rise and impact the downward trend.
ETH Technical Analysis: Overall, Ethereum is still in a major downward trend. Although there is a good rebound in the short term, it cannot affect the overall trend. Ethereum currently faces significant resistance at the price of 1700. If it can break through 1700 strongly in the short term, it can continue to look upwards around 1900. If it cannot break through strongly in the short term, it will continue to adjust downwards
Overall operational suggestion:
BTC： 83000 long, take profit 85000 stop loss 82000
86000 short take profit 84000 stop loss 87000
ETH： Rebound to 1700 Short take profit 1580 Stop loss 1730
Pull back to 1550 take long take profit 1630 stop loss 1480
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Trading is a long process. By adjusting your mindset, grasping the short term, and being able to hold onto the long term, you will definitely generate a chemical reaction in this market and achieve a day of sudden wealth. Welcome to join the MoCe Chain community and experience a different kind of trading
Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint 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.
