Wednesday, October 23: Bitcoin and Ethereum Trend Strategy!
Recently, the overall trend of the US stock market has been relatively weak,
after the opening, there was a round of retracement,
and this rhythm is still continuing,
such a pattern is likely to have a significant impact on the crypto space!
On the daily chart, after the price of the coin hit a high and was blocked, there was a significant bearish pullback. Although there were small bullish rebounds during this period, they were merely attempts without strength, and the overall momentum was not enough to achieve a noticeable recovery effect, with the bearish sentiment intensifying! As the trading volume gradually decreases, the price has tested the short-term support area below multiple times! The current range oscillation undoubtedly just consumes the already limited trading volume more intensively, and once the short-term support below is broken, it will be the beginning of a substantial pullback!
Trend Strategy:
Short Bitcoin around the 67700-68500 area, aiming down to 65000-64500!
Short Ethereum around the 2670-2710 area, aiming down to 2540-2500!
When the flowers bloom, it's time to pick first. In the investment market, those who are first to know and feel will earn the profits of the unaware and the latecomers. Profit is the only standard to test strength! Following is the best shortcut to bid farewell to losses! Top-notch strategies, top-notch calls, top-notch execution, absolutely lead to top-notch performance! #币安上线SCR现货 #YGG、ADA、ENA解锁 #币安累计交易量突破100万亿美元 #SEC批准多支比特币ETF期权 #牛市赛道是那条？
