$ETH $BTC
Things are heating up in the Middle East again. Dozens of Israeli fighter jets are flying right along the Iranian border—the tension is practically jumping off the screen!! And at a critical moment like this, you’re telling me to chase longs? You want to see what it’s like at the very top of the mountain?
The bearish divergence is plain to see on the 4-hour chart. Price just surged to 84875 but couldn’t hold, and dropped straight back down. Now 84393 is hovering near the upper Bollinger Band at 84551. There’s a long upper wick right there. The bulls look strong, but they’re actually pretty weak. With such a large deviation, a pullback to the moving averages would normally be expected. The technical signals for a correction are obvious.
Trading plan: Short BTC in the 84800–85300 range. First target: 82500; if it breaks below that, look for 80600.
Short ETH in the 2520–2570 range. First target: 2420; if it breaks below that, look for 2370.
Don’t let the 3.2 billion in net inflows spook you. When volume surges at the highs but price can’t rise, it means the big players are pumping it while they sell off. This rebound is an opportunity handed to you, not a trap to chase the highs. Just take the trade when it reaches resistance! @墩姐暴力带单 #特朗普拟阐述打击海外加密诈骗
Things are heating up in the Middle East again. Dozens of Israeli fighter jets are flying right along the Iranian border—the tension is practically jumping off the screen!! And at a critical moment like this, you’re telling me to chase longs? You want to see what it’s like at the very top of the mountain?
The bearish divergence is plain to see on the 4-hour chart. Price just surged to 84875 but couldn’t hold, and dropped straight back down. Now 84393 is hovering near the upper Bollinger Band at 84551. There’s a long upper wick right there. The bulls look strong, but they’re actually pretty weak. With such a large deviation, a pullback to the moving averages would normally be expected. The technical signals for a correction are obvious.
Trading plan: Short BTC in the 84800–85300 range. First target: 82500; if it breaks below that, look for 80600.
Short ETH in the 2520–2570 range. First target: 2420; if it breaks below that, look for 2370.
Don’t let the 3.2 billion in net inflows spook you. When volume surges at the highs but price can’t rise, it means the big players are pumping it while they sell off. This rebound is an opportunity handed to you, not a trap to chase the highs. Just take the trade when it reaches resistance! @墩姐暴力带单 #特朗普拟阐述打击海外加密诈骗