The under-washing is not over yet, and the rebound is a short-selling opportunity
abstract:
abstract:
rebound short
(The prices mentioned in this article are all Binance spot prices, and trading strategies are applicable to futures spot)
Upcoming Events:At 20:00 tonight, there will be a routine live broadcast every Monday to interpret the market and all-variety trading strategies, enter the market 10-15 minutes in advance, and have positions to answer questions
Overall market:
The overall expectation of BTC is the same as yesterday. There were still a large number of buyers involved in yesterday's sell-off. However, the inflection point of the price did not appear after a large number of buyers intervened. Currently hovering around 9720, the support has been effective several times. The bulls have tried to counterattack and all ended in failure. The continuous support and the rebound are getting weaker and weaker. The 4-hour level continues to look at new lows. The way of thinking is still where the dominant position can fall in the day. Let’s first see if the position of 9643 can be broken through in a large amount. Can stop (Remember: no technology can tell you that a certain position will definitely rebound/fall, it is all probability, wait for confirmation, no explanation.)
short term strategy
There are two consecutive high-volume Ks at 7-8 o'clock in one hour, indicating that there is still a large amount of supply at the 10,000 round mark. In the short term, you can consider intervening in short positions in this area, and the target is low
midline strategy
2.17 Strategy: The market is falling in a very short period of time. It is safe to wait for the price to step back on the support near 256 to intervene in short selling. Radicals can intervene in long positions around 237 to buy bottoms. However, the risk is very high. It is recommended to be cautious in light positions
ETH Strategy of the Week
2.17 Strategy: The market is falling in a very short period of time. It is safe to wait for the price to step back on the support near 256 to intervene in short selling. Radicals can intervene in long positions around 237 to buy bottoms. However, the risk is very high. It is recommended to be cautious in light positions
EOS Strategy of the Week
2.17 Strategy: If the bulls fail to stand above 4.413, there is a high probability that they will continue to break through 4. At present, they still focus on rebounding and shorting. The key pressure is 4.413, 4.754
BCH Strategy of the Week
ETC strategy of the week
LTC Strategy of the Week
2.17 Strategy: Mainly high altitude, the key support is at 66.66, as long as the bulls do not attack 75.62, they are all bearish, the key pressure is 73.63, 75.58
XRP Strategy of the Week
2.17 Strategy: 0.285-295 open positions in batches and empty, the target is low
ETC strategy of the week
2.17 strategy: break the position and fall, the important support below is 8.04, currently 8.95, there is still room to fall, you can wait for the short-selling opportunity at 9.7
2.17 strategy: break the position and fall, the important support below is 8.04, currently 8.95, there is still room to fall, you can wait for the short-selling opportunity at 9.7
