#BTC Slight fluctuations, long positions lack strength, shorts have entered the market! 3.18 Pancake Lady's trading strategy


Yesterday, the long strategy was not implemented as the price did not pull back to the ideal point for entry. The coin price fluctuated slightly at midnight and made a slight surge in the early morning. The short order has been placed and is currently in a small profit. Those who followed can consider setting a stop-loss to break even!
From a daily perspective, the Bollinger Bands are tending to flatten out. The closing of the candlesticks switching between bearish and bullish indicates a struggle between long positions and short orders. However, for two consecutive days, the candlesticks have long upper shadows, and the rebound is resisted at the Bollinger midline. Therefore, following the same line of thought as yesterday, as long as the coin price does not stabilize near the midline around 85000, there is still a risk of a pullback in the coin price. Although the KDJ golden cross is diverging upwards, the strength of the coin price rebound is limited. The MACD dual lines are crossing upwards, and the trading volume is also increasing. However, the overall trend is still in a pattern of oscillation and downward movement!
Looking at the trend of the US stock market again, the US stock market opened lower, but eventually rose slightly. The three major stock indexes rebounded across the board. The price of the currency also rose slightly in the early morning, which coincided with the trend of the US stock market. However, it is currently stagnant and retracing. Those who entered the short order are taking the stop-loss, and those who have not entered can continue to lie in wait for the rebound! Pay attention to the resistance levels at 85500, 86600, 87500, and 89000, and the support levels at 82000, 79900, 79000, and 76500 in the intraday trading.
3.18 Pancake operation train of thought: those who have not boarded can continue to enter the short position at the rebound of 84300-84800, defend near 85500, and target 83500-83000-82500-82000, hold the position if it breaks!
Long position idea: Aggressive traders enter long at a pullback of 81500-82000, while conservative traders enter at 80500-81000, with a defensive position near 79900. The target is around 83000-84000, with a breakout target near 85000.
3.17 Ether operation train of thought: Those who have not boarded can enter near 1950 on the rebound, defend above 2000, target around 1900-1860, hold if broken, depending on the situation!
Long positions strategy: Enter long at the pullback of 1820-1850, with defense near 1780, and target around 1900-1950.
The impact of the tariff trade war is far-reaching. The probability of a rate cut in the interest rate decision on the 20th of this week is very low, so friends who are bullish should be cautious. Currently, we can only wait for the positive news from Jianguo. Conan believes that it is probably difficult to boost the currency price with a strong rebound in the short term!#美联储3月利率决议 #稳定币激增 #BTC 行情分析
BTC-0,52%
ETH-0,71%
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