trendtraderkarl

BTC Detailed Selling Recommendations

Short
trendtraderkarl Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC yesterday's high was around 27630, and its low was around 26700. After experiencing a wave of smashing, the big pie began to fluctuate weakly. It has fallen below the support of 27000. In the short term, focus on the support of 26500. If it cannot support it, it will look to 25000
Karl believes that it takes time to consume chips and change hands in this position.
The daily line level closed negative yesterday for six consecutive days, and the trend is relatively weak. The Bollinger Bands run in parallel, supported by the lower Bollinger track of 26500, and MCAD is heavy and down. The 4-hour level is running near the lower edge of the box, the opening of the Bollinger Bands is open, suppressed by the Bollinger Middle Rail 27500, the KDJ dead fork spreads downward, and the MCAD heavy volume goes down.

Operation is mainly at high altitude

The lower part focuses on the support of 26300-26500, and the upper part focuses on the pressure of 27300-27500.

It is recommended to short light positions around 27000, place the stop loss above 27400, and target 26600-26500.

Do long wet positions near 26300, place the stop loss below 26000, and target 26700-27000.

Ethereum’s high was around 1842 yesterday, and its low was around 1772. Ether followed the big pie in a weak market and fell below the support of 1800 last night. It is currently in a downward trend in the short term. In the short term, focus on the support of 1750. If the support is valid, Ether will choose a direction after repeating at this position in the short term.
The daily line level closed out the negative line yesterday, and entered a downward trend in the short term. The Bollinger Bands are in the converging mouth, suppressed by the Bollinger Middle Rail 1850. The opening of the 4-hour Bollinger Bands opened, and MCAD went down in heavy volume.

The operation is mainly at high altitude.
Focus on 1730-1750 support at the bottom and 1800-1820 pressure at the top.
Suggestion: short positions around 1800, stop loss above 1830, target 1770-1750.
Suggestion: Go long with light positions around 1730, place the stop loss below 1700, and target 1750-1770.

The market is ever-changing, and the specific operation is mainly based on real-time strategies. Contact me for real-time trading signals
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