Baiqi & Guanyu: Bitcoin and Ether's latest trend predictions, analysis, and operational strategies for the afternoon of June 21st.


This article is exclusively analyzed by Baiqi & Guanyu Yu and represents the exclusive views of Baiqi & Guanyu Yu. They have in-depth research and practical experience in BTC, ETH, and various altcoins. Due to the timing of the article's release, the following views and suggestions are not real-time and are for reference only. Please take risks responsibly and indicate the source when reposting. Control your position reasonably and avoid heavy or full positions.

—— BTC ——

Yesterday's review: The key support range of 64500-65000 that we focused on yesterday was precisely reached, and it provided a strong rebound to 66457, accurately suppressed at the upper yellow line position 1. The strategy order was also received at the level and made a profit.

Recent focus: the upper range of 68400-69200, the middle range of 65850-66150. The bottom still needs to pay attention to whether the range of 64500-65000 can provide effective support.

Pattern: It can be seen from the chart that the support area at the bottom has formed a bottoming pattern, and the K-line forms a converging triangle with the bottom range within the yellow slope line 1.

Notes: Pay attention to the yellow slope line 1 breaking through the price in the chart, and whether the yellow slope line 1 effectively suppresses it. Also, pay attention to the accelerated uptrend after the yellow slope line 1 breaks through.

>>>>>>>>Trading Ideas

① Long order: If the 65000-64500 range is retested without falling below, a bottoming signal on the 5-minute or 30-minute chart indicates a long position.

② Short order: If the rebound entity in the 68400-69200 range does not break through, a top formation signal for shorting is given in 5 minutes or 30 minutes.

③ Short order: If the rebound entity in the 65850-66150 range does not fall below, go short when a bottom pattern signal is given on the 5-minute or 30-minute chart.

Focus on the upward breakthrough of the yellow slope line 1 in the chart and the support level in the range of 65000-64500.

—— ETH ——

Review of yesterday: The upper resistance zone of 3630-3660 was effective yesterday. After successfully reaching 3625, it fell to the lower resistance level of 3480. Both long and short strategy orders were placed at the position and made a profit.

Recent focus: Range between 3630-3660 on the upside, range between 3460-3480 on the downside. Pay attention to whether the area near 3660 can serve as effective resistance on the upside.

Structure Form: At present, the bottom formation of the W-shaped bottom is visible in the 3480-3520 range in the chart. If it breaks through the neckline, observe the situation of accelerated upward movement.

Note: The price retraces to the W bottom range of 3480-3520, pay attention to the rebound at the neckline and the accelerated market after breaking the neckline.

>>>>>>>>Trading Ideas

① Short: Short if the rebound entity does not break through the 3565-3600 range, and short if a top formation signal is given in the 5-minute or 30-minute timeframe.

② Long order: Go long if the 3460--3480 range is tested without breaking through. Go long if there is a bottom formation signal on the 5-minute or 30-minute chart.

③ Long order: Buy in the 3380-3400 range and go long if it does not fall below, or go long when a bottom pattern signal appears in the 5-minute or 30-minute chart.

Key focus: follow

1: Is the support in the range of 3460-3480 effective;

2: Resistance level at 3660 above.

3: Price retests the neckline support level of the W pattern in the range of 3480-3520, rebounds, and accelerates after breaking the neckline.

【Reminder】: The above content is original by Bai Qi & Guan Yu Yu. The advertisements at the end of the article and the comment section have nothing to do with Bai Qi & Guan Yu Yu. Please discern carefully, thank you for your appreciation. Investors are welcome to follow Bai Qi & Guan Yu Yu for more real-time market analysis. #BTC☀ # ETH🔥🔥🔥🔥 $ETH $BTC
BTC-1.65%
ETH-2.39%
W-3.41%
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Aliangvip
· 2024-06-21 07:12
Bull returns quickly 🐂
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