BTC Good afternoon brothers. This big pie's decline really is a one-way trip down with no rebound whatsoever. Support has held, though it hasn't broken 70000, there's barely any rebound strength. It's somewhat like that wave of decline on March 6th - when it hits daily key support, no rebound occurs and it continues falling. So brothers, if you're currently holding long positions, keep an eye out. Set a stop-loss at 70000. Watch the rebound resistance at 71500 to see if it breaks through. If this resistance is broken, hold long positions. Once through, watch 72500-74000-76000. If it continues to break 70000 today and triggers the stop-loss, it means this wave will continue to probe around 69000-68500. In this range, heavy position holders can try to catch it. Add positions around 66000.
ETH Auntie's support around 2150 has also held. Those who caught it arrived exactly at the resistance level I gave last night at 2230. There's been a 90-point profit opportunity. For those holding long positions who haven't exited, set a break-even stop-loss. Watch the rebound resistance at 2230-2250 range. If this resistance is broken, rebound strength will be stronger. Long positions can continue holding. Rebound target resistance, watch 2330-2350 area. If Auntie tests again and pulls back, as long as it doesn't break 2150, things look fine. If it does break 2150, abandon long positions and watch for probes around 2100-2080 to catch rebounds.
SOL SOL has also rebounded and pulled back. Watch the daily pullback support at 88. As long as this level doesn't break, things are fine. The first rebound resistance to watch is 92 - if this resistance breaks through, rebound strength will be stronger. Further upside resistance to watch is 95-97. If this pullback breaks 88, abandon long positions and continue monitoring for probes in the 86-84 range.
Follow Moyan's daily market analysis and precise probe points. Going long or short is for reference only. Do good position management. #Coin$BTC $ETH $SOL
BTC.ETH.SOL. Intraday Market Analysis
BTC
Good afternoon brothers. This big pie's decline really is a one-way trip down with no rebound whatsoever. Support has held, though it hasn't broken 70000, there's barely any rebound strength. It's somewhat like that wave of decline on March 6th - when it hits daily key support, no rebound occurs and it continues falling. So brothers, if you're currently holding long positions, keep an eye out. Set a stop-loss at 70000. Watch the rebound resistance at 71500 to see if it breaks through. If this resistance is broken, hold long positions. Once through, watch 72500-74000-76000. If it continues to break 70000 today and triggers the stop-loss, it means this wave will continue to probe around 69000-68500. In this range, heavy position holders can try to catch it. Add positions around 66000.
ETH
Auntie's support around 2150 has also held. Those who caught it arrived exactly at the resistance level I gave last night at 2230. There's been a 90-point profit opportunity. For those holding long positions who haven't exited, set a break-even stop-loss. Watch the rebound resistance at 2230-2250 range. If this resistance is broken, rebound strength will be stronger. Long positions can continue holding. Rebound target resistance, watch 2330-2350 area. If Auntie tests again and pulls back, as long as it doesn't break 2150, things look fine. If it does break 2150, abandon long positions and watch for probes around 2100-2080 to catch rebounds.
SOL
SOL has also rebounded and pulled back. Watch the daily pullback support at 88. As long as this level doesn't break, things are fine. The first rebound resistance to watch is 92 - if this resistance breaks through, rebound strength will be stronger. Further upside resistance to watch is 95-97. If this pullback breaks 88, abandon long positions and continue monitoring for probes in the 86-84 range.
Follow Moyan's daily market analysis and precise probe points. Going long or short is for reference only. Do good position management. #Coin$BTC $ETH $SOL