Chongding failed, success is not achieved overnight. Good morning, yesterday Lao A mentioned that it wouldn't be so easy to break through around 94,000. Yesterday, there was some back-and-forth testing, ending with a long cross line. The daily chart shows a rebound ending with a doji, indicating an upward trend, which is itself a sign of selling pressure. Of course, we still need today's closing confirmation. Focus today on the evening ADP data.



In terms of momentum, resistance at around 3300, and another at around 3450. The daily closing is better than Bitcoin's. Watch for a pullback during the day. The main idea today is to go long.

Buy around 91,500, add on dips near 90,500, target 93,000 and 95,000.
Buy around 3,150, add on dips near 3,100, target 3,300 and 3,450.
Above 93,500-4,000, if broken without strength, can be shorted. If 3,300 breaks without strength, can be shorted.
BTC-0,01%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)