Analyst Chen Shu: 8.15 short-term long positions slow follow the pullback support, midday Bitcoin, Ethereum market analysis strategy.



Yesterday, the 11.75 long strategy successfully gained nearly 2000 points. From the daily chart of Bitcoin, it showed a large bearish candlestick yesterday, with the price retracing to the MA30 moving average at 11.75. Throughout the day, pay attention to whether the support at 11.75 is effective; if it is lost, the price will continue to look down towards the 11.6 level. In the short term, first pay attention to the strength of the rebound. If the rebound cannot return above 120,000, it is likely to test the 11.6 support again. In the short term, focus on the breakout direction in the 120,000-117,000 range.

Ethereum, from the daily chart perspective, similarly closed with a large bearish candle yesterday, retracing to the MA5 moving average line at 4550. During the day, pay attention to the support level at 4550 and its status. Looking at the 4-hour chart, yesterday's price retraced to the MA30 moving average line. If it can return above 4680 in the short term, the bullish trend will still be maintained. Focus first on the strength of the rebound, and it can be treated as a range.

Midday trading idea (written at: 15:30):

BTC: Short at 12/12.5, target 11.9/11.8; Long at 11.78/11.7, watch 11.8/11.9

ETH: 4660/4720 short, target 4550/4500; 4480/4400 long, look at 4550/4650

Daily analysis strategy has a very high win rate! Analysis is not easy, so I hope everyone can give a free follow, collect, like, and comment. Thank you all, and feel free to leave messages for discussion below. I will reply one by one #美7月PPI年率高于预期# #以太坊ETF突破300亿美元# #Gate Alpha巅峰交易赛# .
BTC-0.91%
ETH-3.66%
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