8.27 Breakout and pullback recovered? No profit/no loss is not worth getting in
BTC
7.96 broke through. But before reaching the previous high, there was a certain increase in volume and it pulled back. Personally, I don’t recommend chasing here. And the risk/reward ratio isn’t suitable~
For intraday short-term setups, watch the evening for possible pullback entry opportunities around the trendline.
The 4hr entry level hasn’t changed either~
ETH
Same logic. Above 530 to around -2670 is relatively empty/there’s little liquidity. But after breaking 2530, it also quickly pulled back. This currently looks more like liquidity grabbing.
For intraday short-term trades, likewise watch the trendline and the area around 2450 where POC and trendline may resonate.
For the 4hr level, we’re still waiting below at 2360-2380.
Trading is a combination of probability and risk/reward. Very often it doesn’t give us a chance to get in. That’s the norm~ But it doesn’t mean we need to force a trade based on the next 5-minute candle setup~
#比特币64亿美元期权将到期 $BTC $ETH
BTC
7.96 broke through. But before reaching the previous high, there was a certain increase in volume and it pulled back. Personally, I don’t recommend chasing here. And the risk/reward ratio isn’t suitable~
For intraday short-term setups, watch the evening for possible pullback entry opportunities around the trendline.
The 4hr entry level hasn’t changed either~
ETH
Same logic. Above 530 to around -2670 is relatively empty/there’s little liquidity. But after breaking 2530, it also quickly pulled back. This currently looks more like liquidity grabbing.
For intraday short-term trades, likewise watch the trendline and the area around 2450 where POC and trendline may resonate.
For the 4hr level, we’re still waiting below at 2360-2380.
Trading is a combination of probability and risk/reward. Very often it doesn’t give us a chance to get in. That’s the norm~ But it doesn’t mean we need to force a trade based on the next 5-minute candle setup~
#比特币64亿美元期权将到期 $BTC $ETH
