Post
BTC range fluctuations
Support 65427—63801
Resistance 68971—70889
We can only look at small-scale fluctuations first to see if we can break out of the larger range fluctuations. The current market is good in that the mainstream is fluctuating while some altcoins are taking off. There is no joy or sorrow, just an objective view of the market. The market unfolds over time!
For medium-term trading, one can enter in batches during each decline, such as entering in batches at each support level. The stop loss should be a fixed amount of around 1000 US dollars after splitting the positions into two, and take profit in batches at each resistance, fully taking profit at the pressure level of this cycle before waiting for the market to confirm and set the strategy.
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
Support 65427—63801
Resistance 68971—70889
We can only look at small-scale fluctuations first to see if we can break out of the larger range fluctuations. The current market is good in that the mainstream is fluctuating while some altcoins are taking off. There is no joy or sorrow, just an objective view of the market. The market unfolds over time!
For medium-term trading, one can enter in batches during each decline, such as entering in batches at each support level. The stop loss should be a fixed amount of around 1000 US dollars after splitting the positions into two, and take profit in batches at each resistance, fully taking profit at the pressure level of this cycle before waiting for the market to confirm and set the strategy.
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
70,474.26
+5.33%