US stocks rose and then fell—can SanDisk’s key resistance still be broken through?
Simply put, it’s not “fat” enough yet. After washing out a full round, the pace won’t be so fast. If Micron can’t get above 1k in the short term, it’s basically hard to make a historic breakout, but it’s not out of the question that the next leg may bring relatively strong bullish news...
In the three-wave weekly K setup, I’ve kept emphasizing the drop. SanDisk 2200 to Micron 1100 has been sold down the whole way—based on the script too: early on it moved lower, and when you asked me whether you could bottom-fish, what did I say?
The 65,000 daily “big pie” has become a window for a rebound in the cycle. On smaller timeframes, it’s still a range retracement zone: support at 62,300–62,800. If the pre-market structure can hold and not lose the dip, then we can look for longs around 62,500–62,700 again. For the rebound, watch 63,800–64,500.
Ethereum is also long around the 1,830 area. On the 4-hour timeframe, pay attention to a pullback/rebound toward 1,880–1,950; watch it during the session as it plays out—step by step.
I may not be able to stream live this week; there are a lot of offline matters. But it won’t affect my trading every day intraday. Each to their strengths, do what you can—I'll be back...#美伊谈判将启动 $BTC
Simply put, it’s not “fat” enough yet. After washing out a full round, the pace won’t be so fast. If Micron can’t get above 1k in the short term, it’s basically hard to make a historic breakout, but it’s not out of the question that the next leg may bring relatively strong bullish news...
In the three-wave weekly K setup, I’ve kept emphasizing the drop. SanDisk 2200 to Micron 1100 has been sold down the whole way—based on the script too: early on it moved lower, and when you asked me whether you could bottom-fish, what did I say?
The 65,000 daily “big pie” has become a window for a rebound in the cycle. On smaller timeframes, it’s still a range retracement zone: support at 62,300–62,800. If the pre-market structure can hold and not lose the dip, then we can look for longs around 62,500–62,700 again. For the rebound, watch 63,800–64,500.
Ethereum is also long around the 1,830 area. On the 4-hour timeframe, pay attention to a pullback/rebound toward 1,880–1,950; watch it during the session as it plays out—step by step.
I may not be able to stream live this week; there are a lot of offline matters. But it won’t affect my trading every day intraday. Each to their strengths, do what you can—I'll be back...#美伊谈判将启动 $BTC