Here it comes, here it comes, here it comes! It's starting to rise! Will it break through the 84,700 resistance level?
首席操盘手
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Bull market is back?? BTC bulls are striking back 📈 with a massive bullish candle, holding above 83,000. Time to get ready to take profit on those long positions. Where’s the next resistance? When ETH was at 2,300, the Chief said that the long positions opened in that area were ultimately targeting the 2,500 zone. He also reminded everyone that ETH was deeply oversold and could very likely see a catch-up rally. Last night, ETH finally made that move: BTC rose 1.5%, while ETH climbed 3.5%.
So, in the 2,300 zone, we gave everyone three long entries: First, we went long at 2,320 on the 14th, when ETH first fell to 2,300. After taking profit at 2,480 on the 16th, we reversed and went short at 2,480, near the high, profiting from both the long and short moves. Then we re-entered at 2,358 on the 17th. Yesterday, after taking profit at 2,438, we re-entered at 2,376. While building the long position, we also took a short when ETH broke below 2,402, once again profiting from both directions. We gave the target zone for this long position as early as the 16th: around 2,520. So you can take profit on ETH longs around 2,512, and consider shorting in the 2,516–2,552 zone.
For BTC, we told everyone to take a left-side long at 79,800 after it broke below 80,000. I opened my own right-side long at 81,800. The long is currently up 8,000 USDT. I’m planning to re-enter a short around 84,400–85,800, so keep an eye on that too.
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Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.