A rise followed by a fall confirms a bearish trend; a rebound is an excellent shorting opportunity



Entry point: Around 72,500 (Bollinger Band middle band resistance, can be gradually positioned near the current price)
Position suggestion: Build positions gradually, avoid going all-in at once to prevent losses from a rebound spike
Defense level: The previous high at 73,100 (if the price breaks above this with volume, indicating the rebound is stronger than expected, stop loss and exit immediately, do not hold the position)
Targets:
First target: 71,500 (Bollinger Band lower band, take profits in the short term, lock in basic gains)
Second target: 71,000 (if it breaks below 71,500, hold and watch the previous dense consolidation zone)
Third target: 70,800 (if it effectively breaks below 71,100, hold and target the key round number, fully capitalize on the downward wave)#Gate上线Pre-IPOs $BTC $ETH
BTC1.48%
ETH1.86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin