#BTC #ETH
Sorry for the late night update.
Last night, after that spike in Bitcoin finished, it gave back half of the move during the day, and then started to grind slowly upward again at night. The overall rhythm is still the low-long strategy we mentioned before. There is still room above, so brothers who are long should protect their positions properly.
Night session:
Bitcoin 823, Ether 2427.
Bitcoin: As long as the pullback does not break below 823, this rebound can still continue. If it can hold above the 4-hour level, there may be a chance to enter. Resistance above is 841, 855, 87 in order.
If it breaks below 823, it means the rebound is over. For a smaller-timeframe pullback, look at support at 81 and 789. Same old saying: 80k is the bottom line below; once it breaks, it becomes a deep pullback.
Ether: 2427. If it does not break, the rebound continues. Resistance above is 2470, 2525, 2580. If it cannot hold, it will need to pull back again.
Set your stop loss, move your protection up once you take profit, and wish everyone a smooth night tonight!
Sorry for the late night update.
Last night, after that spike in Bitcoin finished, it gave back half of the move during the day, and then started to grind slowly upward again at night. The overall rhythm is still the low-long strategy we mentioned before. There is still room above, so brothers who are long should protect their positions properly.
Night session:
Bitcoin 823, Ether 2427.
Bitcoin: As long as the pullback does not break below 823, this rebound can still continue. If it can hold above the 4-hour level, there may be a chance to enter. Resistance above is 841, 855, 87 in order.
If it breaks below 823, it means the rebound is over. For a smaller-timeframe pullback, look at support at 81 and 789. Same old saying: 80k is the bottom line below; once it breaks, it becomes a deep pullback.
Ether: 2427. If it does not break, the rebound continues. Resistance above is 2470, 2525, 2580. If it cannot hold, it will need to pull back again.
Set your stop loss, move your protection up once you take profit, and wish everyone a smooth night tonight!