Both Bitcoin and Ethereum have reached the final profit target of medium and long-term long-term orders, beware of the sickle

特邀专栏作者

2020-10-13 19:01 (UTC+8)

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Both Bitcoin and Ethereum have reached the final profit target of medium and long-term long-term orders, beware of the sickle

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Both Bitcoin and Ethereum have reached the final profit target of medium and long-term long-term orders, beware of the sickle

Regarding the interpretation of the market after the end of the medium and long-term:

After we successfully made a profit of 1350 points in the long-term and long-term long-term orders and reached the final target of taking profit and exiting the market, the short-term market pullback to the lowest line of 11280, and then fluctuated around the 11300 line. There is no fluctuation on the whole. In the general direction, we start from the chart It can be clearly seen that the market continues to rush upwards to test the upper suppression. The highest level is near the 11480 line, and the pressure is on the upper Fibonacci retracement line 0.718 line. Our mid-to-long-term short-term position is 12,000. The highest point of rebound after the fall is around 11,460. From yesterday evening to the early hours of this morning, the market was hit by the good news and the short-term burst up to around 11,720. The subsequent shocks will go down. Will history repeat itself? I don’t know, but we can learn from it, and before the market went up, when we laid out the medium and long-term, we said that the market as a whole will rise again to test the 11,500 line, but personally I will not go to see new highs. It will also directly take profit of all long-term and long-term long-term orders when exploring the 114550-11500 line. The same is true here, and the long-term layout ends here.

Bitcoin short-term market interpretation and operation suggestions

From the picture, we can clearly see that the market as a whole is in the process of rebounding and rising, and the position of the Fibonacci retracement line above 0.786 has become a strong suppression, and the market went up to the highest in a wave of pins yesterday evening and early today. 11720 line, and then dropped again and oscillated in the range of 11400-11500, so we can completely use the 0.786 position as our short-term short-term intervention point. It also said that we will not look at new highs after the end of the long-term long-term order , more depends on the market fluctuations and consumes excess bullish kinetic energy, so the short-term here is also adhering to the same idea, operating in a high-level consolidation range, and entering the market according to the suppressed level of 0.786 first-line 11650-11720 given by the tray surface to enter and place empty orders. The lower support is temporarily placed at the position of the 0.618 golden section line. Within this range, it is enough to sell high and buy low. The mid-to-long-term layout is about to open. You can private message me for specific points.

1.11720-11680 enter the market and place an empty order, stop loss default, target 11250-11200

Ethereum short-term market interpretation and operation suggestions:

On the disk, the trend of Ethereum basically follows the market, but the overall volatility is relatively small. Yesterday evening and early today, the short-term market pins reached the highest point of 394, which also successfully hit our medium and long-term long-term orders to the final profit target. Once again, the medium and long-term stop profit was out, and then fluctuated downward, running in the small range of 381-385. Overall, there was not much fluctuation, which consumed excess bullish potential energy. In general, we still treat it as a high-level range consolidation. The previous high point above Line 390-394 is used as short-term suppression, and line 378 is supported below. On the whole, short-term operations can be done within the range of selling high and buying low!