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🎵 The song you want to he
BTC and Ethereum trading strategy for the new week:
BTC:
Plan One: Effectively maintain operation below the resistance level of 117,000 points, then pull back to key support level near 114,700 points, and continue to operate above 114,700 points to test the resistance levels of 117,000 points and around 118,500 points. After successfully breaking through the resistance level of 118,500 points, continue the upward rebound trend, with an upper target of around 120,000 and 123,300 points.
Plan two is to effectively maintain operations above the support level of 114700 points and test the resistance levels near 117000 points and 118500 points upwards. If it cannot effectively break through the resistance level of 118500 points and continues to operate below 118500 points, it will further exhibit a downward retracement trend.
Plan three: If it falls below the key support level of 114700 points and continues to operate below 114700 points, it will continue to move downward, with support levels looking at 112000 points to around 110500 points. It must not effectively break below the support level of 110500 and maintain operations above 110500 points to restart a new upward trend.
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Ethereum:
Plan One: Pull back to the support level around 4575 to 4550 points and around 4450 points. If it cannot effectively break down and remains above the key support level of 4450 points, it will continue to move upwards to test the key resistance level around 4794 points. If it breaks upwards and maintains above 4794 points, it will continue the upward trend.
Plan two: If it cannot effectively break through the resistance level of 4794 points and continues to operate below the resistance level of 4794 points, a new bearish trend will begin.
Plan three: A valid breakdown below the support level of 4450 points and maintaining below 4450 points continues with a downward pullback trend, testing the support levels of 4200 points, 4108 points, and near 4060 points. If it does not validly break below and maintains above the support level of 4060 points, a new upward trend will begin.
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The market has risks, and investment should be cautious. The operational suggestions are for reference only, and profits and losses are borne by oneself.