Same view as yesterday
For Bitcoin, #BTC is the low of the major Wave 2 we predicted. At this price level, the main strategy is to look for long entries. For long-term traders, place your stop-loss below 72000, about 1,000 points below 72600.
For Ethereum, #ETH can be traded within a range. There’s a key level today: the point where the Fibonacci levels and moving averages are closest together.
The range is 2075–2090. Go long on a breakout above it; go short if it fails to break out. If volatility is low, a short position is somewhat more likely to work.
The key is that a breakout offers room for upside gains, while a failed breakout also offers room for profit on a short.
For Bitcoin, #BTC is the low of the major Wave 2 we predicted. At this price level, the main strategy is to look for long entries. For long-term traders, place your stop-loss below 72000, about 1,000 points below 72600.
For Ethereum, #ETH can be traded within a range. There’s a key level today: the point where the Fibonacci levels and moving averages are closest together.
The range is 2075–2090. Go long on a breakout above it; go short if it fails to break out. If volatility is low, a short position is somewhat more likely to work.
The key is that a breakout offers room for upside gains, while a failed breakout also offers room for profit on a short.
