Analysis on 9/16. The price of Bitcoin fell to 26200 last night and then rebounded to 26880. The long-term retracement strategy netted more than 600 points. From the 4-hour level, the price turned into a negative cross after 5 consecutive positive lines. It can be seen that although the price retreated under pressure from above, the bullish trend is still there. The 1h level is still oscillating within the middle track. The weekend market trend is still dominated by oscillation. Short-term intraday operations can be carried out by selling high and buying low within the range box. The main focus is on low-long retracements, supplemented by high shorts.
Short-term intraday long orders of Bitcoin: enter long orders near 26320-26150, and look at 26600-26800. Stop loss if it breaks 26000.
Short-term intraday short orders of Bitcoin: enter short orders near 26860-26950, and look at 26500-26420, and stop loss if it breaks 27030.
(The pressure level is 27000, and a large-volume breakthrough can be traced to the 27500-27800 line)
Ether intraday short-term long orders: enter long orders near 1618-1610, look up to 1647-1658-1669-1700, and stop loss if it breaks 1600.
Short-term intraday long orders of Bitcoin: enter long orders near 26320-26150, and look at 26600-26800. Stop loss if it breaks 26000.
Short-term intraday short orders of Bitcoin: enter short orders near 26860-26950, and look at 26500-26420, and stop loss if it breaks 27030.
(The pressure level is 27000, and a large-volume breakthrough can be traced to the 27500-27800 line)
Ether intraday short-term long orders: enter long orders near 1618-1610, look up to 1647-1658-1669-1700, and stop loss if it breaks 1600.