10.17 BTC, ETH evening analysis: Wait until the short adjustment is over before entering the market at a low point
The high altitude given in the post last night was the main one, and the general direction and the upper high point were very accurate. The highest pin of the big cake was 68300 and then quickly stepped back. Therefore, after the entire market diverged, downward adjustment is inevitable. As long as the layout is based on the range, there is room for intraday trading. The frequency of the range of the big cake tonight is obviously accelerating. When the downward adjustment of the triangle range on the daily line is over, the mid-term rising stage is coming. Be patient and wait!
From the 4-hour chart, BTC's technical indicators are weak and downward, and it is still in a downward trend, but the attached indicator OBV shows signs of turning upward, so we can see from the trend that the trend line of the hourly chart is constantly moving upward, and the general direction is still bullish, but the low point of the trend line below crosses the resistance line near 65700, which is also the support point of the 30-day moving average. As long as this position does not break through, it is the best position to go long. Since both the daily line and the trend chart are bullish, it is best to go long near the bottom. Pay attention to this in the evening. Once it breaks through, it will be strongly bearish. Otherwise, follow the trend to go long.
BTC evening strategy: 65600-65900 to go long, and the target is around 68000!
ETH evening strategy: 2545-2565 to go long, and the target is around 2635!
