Good afternoon, everyone. After this drop, the lower timeframes have finally stabilized. BTC’s strong support zone at 805-80 has held. As long as this support doesn’t break, we should see a rebound. Resistance is in the 835-84 zone above; if price can’t break through, it may come back down again. This drop will only be considered over once the daily candle closes above this level, with a target around 87. If the daily timeframe breaks below 80, then it’s all over—we could see 75-76 below!
I streamed until 2 a.m. last night. Those of you who followed my advice and went long with small positions are now in profit. You entered BTC longs and spot positions around 805-80. I kept reminding everyone on Wednesday evening and yesterday at noon. BTC also wicked down to 808, the level I gave in last night’s market analysis. The lower buy orders on several other coins were filled too. None of the stop losses were hit, and all the positions are now in profit. Manage your trailing stops to lock in profits.
It’s Friday, so I’m worried something might happen tonight. Since we’ve already had such a big rebound overnight, reduce your long positions if you’re worried about a pullback. You could open a tiny short position and add to it at the resistance level, but keep your position small. After all, we’ve already fallen so much. If we don’t drop again tonight, we could see another rebound. As long as the previous low holds, the bottom should consolidate and price probably won’t fall much further. If it breaks, we could see another wave down.
$BTC : If BTC rebounds to around 83500 today, open a small short position; add around 85300-87000, with a stop loss at 88000. Below, open a small long position around 80800; add around 78800-77000, with a stop loss at 76000#BTC走势分析
$ETH : If it rebounds to around 2525 today, open a small short position; add around 2575-2620, with a stop loss at 2640. Below, open a small long position around 2445; add around 2405-2360, with a stop loss at 2340#ETH走势分析
$BNB : If it rebounds to around 754 today, open a small short position; add around 773-787, with a stop loss at 795. Below, open a small long position at 725; add around 708-695, with a stop loss at 685#BNB走势
SOL: If it rebounds to around 113 today, open a small short position; add around 116.5-119, with a stop loss at 123. Below, open a small long position at 108; add around 105-102, with a stop loss at 100#solana
【Daily wick levels for opening long or short positions are for reference only. Manage your position size. Get 20% off fees with referral code: BNB789】
I streamed until 2 a.m. last night. Those of you who followed my advice and went long with small positions are now in profit. You entered BTC longs and spot positions around 805-80. I kept reminding everyone on Wednesday evening and yesterday at noon. BTC also wicked down to 808, the level I gave in last night’s market analysis. The lower buy orders on several other coins were filled too. None of the stop losses were hit, and all the positions are now in profit. Manage your trailing stops to lock in profits.
It’s Friday, so I’m worried something might happen tonight. Since we’ve already had such a big rebound overnight, reduce your long positions if you’re worried about a pullback. You could open a tiny short position and add to it at the resistance level, but keep your position small. After all, we’ve already fallen so much. If we don’t drop again tonight, we could see another rebound. As long as the previous low holds, the bottom should consolidate and price probably won’t fall much further. If it breaks, we could see another wave down.
$BTC : If BTC rebounds to around 83500 today, open a small short position; add around 85300-87000, with a stop loss at 88000. Below, open a small long position around 80800; add around 78800-77000, with a stop loss at 76000#BTC走势分析
$ETH : If it rebounds to around 2525 today, open a small short position; add around 2575-2620, with a stop loss at 2640. Below, open a small long position around 2445; add around 2405-2360, with a stop loss at 2340#ETH走势分析
$BNB : If it rebounds to around 754 today, open a small short position; add around 773-787, with a stop loss at 795. Below, open a small long position at 725; add around 708-695, with a stop loss at 685#BNB走势
SOL: If it rebounds to around 113 today, open a small short position; add around 116.5-119, with a stop loss at 123. Below, open a small long position at 108; add around 105-102, with a stop loss at 100#solana
【Daily wick levels for opening long or short positions are for reference only. Manage your position size. Get 20% off fees with referral code: BNB789】