January 19th Cryptocurrency Market Analysis + Cryptocurrency Information Gap
Strategy: ✅Long/Short Transition, Airdrop Trend Not Yet Formed✅
1⃣ Market #BTC # ETH Current Key Support Level:
$BTC Wait and see, need the 1-hour closing price to stay above 93631
Open Position: Need to monitor the market, at least on the 1-hour chart, wait for the closing price to be above 93631 for a second pullback to enter the position. If no opportunity, just watch. Stop Loss: 91833 Take Profit: 97500
$ETH Open Position: Wait and see, need the 1-hour closing price to stay above 3283 Stop Loss: 3177 Take Profit: 3480
2⃣ $BTC $ETH Started dropping again this morning, currently not fully bearish, it’s a transition point between bullish and bearish. Although the downward momentum is strong, consider reducing long positions or exiting with stop loss and observing the subsequent trend.
Today, you need to first repair the volume-downward K-line on the 1-hour chart before engaging in long positions. Keep stop loss tight, using the lowest point as the stop loss. No rush to short; if you miss the first wave, you can consider the second wave.
If this helps you, please give Brother Qiang a like 👍 + follow.
All opinions are personal views only. Not to be considered as any investment advice.
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January 19th Cryptocurrency Market Analysis + Cryptocurrency Information Gap
Strategy: ✅Long/Short Transition, Airdrop Trend Not Yet Formed✅
1⃣ Market #BTC # ETH Current Key Support Level:
$BTC Wait and see, need the 1-hour closing price to stay above 93631
Open Position: Need to monitor the market, at least on the 1-hour chart, wait for the closing price to be above 93631 for a second pullback to enter the position. If no opportunity, just watch.
Stop Loss: 91833
Take Profit: 97500
$ETH
Open Position: Wait and see, need the 1-hour closing price to stay above 3283
Stop Loss: 3177
Take Profit: 3480
2⃣ $BTC $ETH Started dropping again this morning, currently not fully bearish, it’s a transition point between bullish and bearish. Although the downward momentum is strong, consider reducing long positions or exiting with stop loss and observing the subsequent trend.
Today, you need to first repair the volume-downward K-line on the 1-hour chart before engaging in long positions. Keep stop loss tight, using the lowest point as the stop loss. No rush to short; if you miss the first wave, you can consider the second wave.
If this helps you, please give Brother Qiang a like 👍 + follow.
All opinions are personal views only.
Not to be considered as any investment advice.