Good evening, brothers. The market drifted lower all day today. Both BNB and Ether have already broken below the previous 4-hour lower low from yesterday afternoon. That previous low will only be deeply retested if it is broken with strong momentum at the 4-hour level. The 12:00 4-hour closing still hasn’t broken through that level—if it still can’t, then be careful: it may bounce back up. Only a strong breakout above the previous high will trigger a new round of upswing. Otherwise, when price reaches the area near the previous high, it will still likely pull back!
Today’s volatility wasn’t big. The afternoon trade analysis levels can still be used for reference. The four coins I signaled for low-risk long positions earlier are already on board. Only BNB and Ether are currently in a floating loss. If your position size is heavy, move your stop-loss to the level of the previous low—if the stop is hit, then enter again only after breaking below and retesting that lower support. If your position size is light, then add to your position at the lower support level instead!
Today’s volatility wasn’t big. The afternoon trade analysis levels can still be used for reference. The four coins I signaled for low-risk long positions earlier are already on board. Only BNB and Ether are currently in a floating loss. If your position size is heavy, move your stop-loss to the level of the previous low—if the stop is hit, then enter again only after breaking below and retesting that lower support. If your position size is light, then add to your position at the lower support level instead!
