#Challenge 30 Days to Write a Diary on Headlines#Today, the daily level of the large cycle closed with a small positive line and a long up shadow line yesterday. The trend is still a gameplay of rising and falling, which has been the trend pattern recently
#Challenge 30 Days to Write a Diary on Headlines#
Today, the daily level of the large cycle closed with a small positive line and a long up shadow line yesterday. The trend is still a gameplay of rising and falling, which has been the trend pattern recently. Prices are still in a state of high consolidation and range fluctuations, with the K line showing a continuous negative and short strength and continuation. The attached indicator is running downward with a dead cross, and the short cycle hourly chart shows that the European market prices rose to breaking highs yesterday, with each session retreating under pressure, But there is still no downward break, the low point support in the 1880-1860 area is the most important thing to pay attention to, while the current K-line pattern is continuous positive. The indicator in the attached figure is pointing upwards, so there are signs of a pullback in the day. Therefore, if we continue to pull back below the low level today, the pullback intensity cannot be achieved. Therefore, today's ETH short-term contract trading strategy is to take a pullback in the 1908-1970 area and empty it, with a stop loss position in the 1931 area and a target in the 1880-1860 area.
ETH trend chart
On the BTC side, it still repeats the story of yesterday, with prices rising and falling, fluctuating and falling, and forks falling. There is a lack of continuity and strength, and the 30000-30050 area is being used to empty it, with a stop loss of 30250 and a target of the 29600-29500 range.
BTC trend chart
If you have any good opinions, you can share them in the comments section for discussion and exchange. Thank you.
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