Ether is strengthening as expected, next trading strategy for the altcoin zone.


The pie structure still looks at the retracement, the short-term small structure 110000 resistance has not been broken for a long time, and will continue to maintain range shocks, focusing on the 107000 trend line support during the day.
Ether has shown a strong upward trend as expected, but it faced resistance and retraced after hitting a high point during the night. During the day, we should pay attention to the support level of 2580-2600; if this level holds, we can expect a continued rise to test the resistance zone at 2750-2800. Overall, the trading strategy is to use the range of 2500-2520 as the boundary for going long, with a defensive approach from the rise starting at 2640.
trading strategy
Maintaining the original viewpoint, after Bitcoin hits a new high, the chips are being exchanged. Bitcoin is bleeding while Ether is sucking blood. In the short term, Ether and Bitcoin are expected to diverge. As long as Bitcoin maintains above 107,000, Ether is expected to drive the altcoin zone to strengthen and catch up.
1: Continue to hold the long-term base position, paying attention to the breakthrough of resistance levels in the future market. If the position is heavy, it can be reduced at that time.
2: The short-term trading strategy added yesterday is defended at the 2500-2520 bull-bear watershed, and the rebound continues to pay attention to the previous high.
3: For those who want to increase their position in the wave, pay attention to the support level of 2580-2600 during the day for entry. If it breaks, look for a simultaneous entry in the altcoin at 2500-2520.
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ETH3.46%
BTC0.73%
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