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On the 2nd day of BTC, there is a head shoulder top pattern on the candlestick chart. The previous left shoulder position had been around for about 2 weeks, and as long as the right shoulder pattern does not break through 80000 points, this head shoulder top is considered valid.
If we follow this 2-day candlestick chart, we expect to maintain the range of 73000-80000 and move towards this right shoulder oscillation before early June. At present, based on the 4-hour candlestick chart, it is recommended to use high altitude and low altitude for the position of box oscillation 74-78. Do not chase too much, just chase empty. If you chase after the breaking level these days, you will die cruelly. Don't look at the breaking level, it's very comfortable to do a high, low, small stop loss.
The parallel support level below the daily line of ETH has been broken, and around 2080 it has been broken by physical entities. Ethereum still needs to see the face of the big pie to move significantly, as long as BTC has a clear idea. The first support level below ETH is around 2050, and the first pressure level above is around 2150
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
