Good evening, brothers. Today the big cake and SOL dropped again to new lows. During the midday market analysis, I told those who bought at the previous low with a small position (not BNB) that the other three would be able to catch up and profit. If you’re getting in, go ahead and reduce near today’s high, and keep moving your stop loss. If it can’t push above today’s high, it may probe downward again. The first major support ranges are: for the big cake, 805-815; for Ethereum, 2580-2600. If it reaches those levels, you can consider taking a long, but don’t go all-in—because if it rebounds and can’t get up and instead breaks down, then we’ll be looking at a daily timeframe pullback!
For this sell-off to reverse, it only counts if the 4-hour candle closes above today’s daytime high. Only then is this downtrend considered over. The market will then push back toward the previous high and even potentially make new highs. If it breaks below today’s previous low, then the 4-hour third wave downtrend will begin!
$BTC At night, watch the 846 level. Only if price closes above this level will the 4-hour timeframe pullback be considered finished. Then the upside targets are around 860-873-890. If you like shorting, take small positions at the last two of those levels, with a stop loss at 900. If 846 can’t be reached, watch for another retest on the smaller timeframe. Buy a small position at the previous low of 828. Add to positions at 811-785. Stop loss: 770#BTC走势分析
$ETH At night, watch the 2700 level. Only if price closes above this level will the 4-hour timeframe pullback be considered finished. Then the upside targets are around 2750-2807-2860. If you like shorting, take small positions at the last two of those levels, with a stop loss at 2885. If 2700 can’t be reached, watch for another retest on the smaller timeframe. Buy a small position at the previous low of 2625. Add to positions at 2595-2565. Stop loss: 2540#ETH走势分析
$BNB At night, watch the 778 level. Only if price closes above this level will the 4-hour timeframe pullback be considered finished. Then the upside targets are around 792-807-830. If you like shorting, take small positions at the last two of those levels, with a stop loss at 840. If 778 can’t be reached, watch for another retest on the smaller timeframe. Buy a small position at the previous low of 760. Add to positions at 745-733. Stop loss: 727#BNB走势
SOL At night, watch the 116 level. Only if price closes above this level will the 4-hour timeframe pullback be considered finished. Then the upside targets are around 119.5-122.5-125.5. If you like shorting, take small positions at the last two of those levels, with a stop loss at 127. If 116 can’t be reached, watch for another retest on the smaller timeframe. Buy a small position at the previous low of 113. Add to positions at 110-107.5. Stop loss: 106
For this sell-off to reverse, it only counts if the 4-hour candle closes above today’s daytime high. Only then is this downtrend considered over. The market will then push back toward the previous high and even potentially make new highs. If it breaks below today’s previous low, then the 4-hour third wave downtrend will begin!
$BTC At night, watch the 846 level. Only if price closes above this level will the 4-hour timeframe pullback be considered finished. Then the upside targets are around 860-873-890. If you like shorting, take small positions at the last two of those levels, with a stop loss at 900. If 846 can’t be reached, watch for another retest on the smaller timeframe. Buy a small position at the previous low of 828. Add to positions at 811-785. Stop loss: 770#BTC走势分析
$ETH At night, watch the 2700 level. Only if price closes above this level will the 4-hour timeframe pullback be considered finished. Then the upside targets are around 2750-2807-2860. If you like shorting, take small positions at the last two of those levels, with a stop loss at 2885. If 2700 can’t be reached, watch for another retest on the smaller timeframe. Buy a small position at the previous low of 2625. Add to positions at 2595-2565. Stop loss: 2540#ETH走势分析
$BNB At night, watch the 778 level. Only if price closes above this level will the 4-hour timeframe pullback be considered finished. Then the upside targets are around 792-807-830. If you like shorting, take small positions at the last two of those levels, with a stop loss at 840. If 778 can’t be reached, watch for another retest on the smaller timeframe. Buy a small position at the previous low of 760. Add to positions at 745-733. Stop loss: 727#BNB走势
SOL At night, watch the 116 level. Only if price closes above this level will the 4-hour timeframe pullback be considered finished. Then the upside targets are around 119.5-122.5-125.5. If you like shorting, take small positions at the last two of those levels, with a stop loss at 127. If 116 can’t be reached, watch for another retest on the smaller timeframe. Buy a small position at the previous low of 113. Add to positions at 110-107.5. Stop loss: 106
