9.6 Bitcoin and Ethereum swing strategy reference: the bigger trend remains bullish, buy the dip!
Bitcoin dipped to around 78600 on Friday, but then Trump stirred things up and it immediately reversed. Our short position only made a little over 2000 points. Over the weekend it slowly climbed back to around 80,000, with a very steady trend. On the daily chart, although it still looks like a tug-of-war, the highs keep getting pushed up. The Bollinger Bands are tightening, but the middle band is holding very firmly. After closing a bearish candle on Friday, the last two days have seen consecutive small bullish candles pushing upward, a typical bullish rhythm.
Ethereum is even stronger. This afternoon it spiked to 2523 before pulling back, and the short-term strength has clearly increased. The 2430 level is being defended very firmly, and the rebound on the smaller time frame has already climbed back above 2500.
Remember, don’t chase pumps or panic sell the dips. Wait for a pullback signal, then find the right level and go long.
Go long around $BTC 79000, first target 85000, and if it breaks through, look for 90000.
Go long around $ETH 2460, first target 2600, and if it breaks through, look for 2840.$NVDAB #BTC触及80000美元 #ZEC续刷历史新高
Bitcoin dipped to around 78600 on Friday, but then Trump stirred things up and it immediately reversed. Our short position only made a little over 2000 points. Over the weekend it slowly climbed back to around 80,000, with a very steady trend. On the daily chart, although it still looks like a tug-of-war, the highs keep getting pushed up. The Bollinger Bands are tightening, but the middle band is holding very firmly. After closing a bearish candle on Friday, the last two days have seen consecutive small bullish candles pushing upward, a typical bullish rhythm.
Ethereum is even stronger. This afternoon it spiked to 2523 before pulling back, and the short-term strength has clearly increased. The 2430 level is being defended very firmly, and the rebound on the smaller time frame has already climbed back above 2500.
Remember, don’t chase pumps or panic sell the dips. Wait for a pullback signal, then find the right level and go long.
Go long around $BTC 79000, first target 85000, and if it breaks through, look for 90000.
Go long around $ETH 2460, first target 2600, and if it breaks through, look for 2840.$NVDAB #BTC触及80000美元 #ZEC续刷历史新高
