7.24 morning session


Ether:
1️⃣ Last night it broke below the lower boundary of the range, and this morning at five o'clock it rebounded right around the 3520 support, but this time it didn't reach my support zone. (Generally, I prefer to use the ends of the shadows rather than the bodies as standards for drawing lines; the advantage is that the profit potential is larger and the proportion of loss after entry is smaller; the downside is that the margin for error is low, and it might just miss by a little.)
2️⃣ Currently, there is a pinbar stop-loss signal emerging within the hour, and it has returned to the range of box fluctuations. The subsequent focus will be on whether it can break through and stabilize above the lower boundary of the 3620 box. If it can stabilize, it will test the mid-axis line around 3730; otherwise, it will continue to test the support at 3480-3520 downwards.
If it can break through and stabilize around the midline of the box at 3730, it will test the previous highs of 3820 and 3860; otherwise, it will test the lower support of the box's fluctuation at 3620.
Big Pie:
1️⃣ The Bitcoin price tested the descending trend line support again at 9 PM last night, forming a triple bottom on the 15-minute chart, and three consecutive parallel pin bars signaling a stop on the four-hour chart. (How did I wake up early to burn three sticks of incense?)
The support and resistance levels for Bitcoin remain consistent with previous dynamics. The current downtrend line has tested twice and provided effective support. Going forward, the downtrend line can continue to be used as a support level, followed by the area around 116,000. The upper resistance levels remain at 120,000 and the previous high.
#contentstar #七月行情预测 #内容挖矿,赚丰厚返佣 #Gate广场创作者星火计划 #七月行情预测
BTC-0,02%
ETH-1,49%
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