Bai Qi & Guan Yu: 6.19 BTC, ETH Evening Latest Trend Forecast Analysis and Operation Strategy

This article is exclusively analyzed by Bai Qi & Guan Yu Yu and represents the exclusive opinions of Bai Qi & Guan Yu Yu. We have in-depth research and practical experience in BTC, ETH, and various small tokens. Due to the timing of the article, the following opinions and suggestions are not real-time and are for reference only. Please bear the risk and indicate the source when reprinting. Please control your position reasonably and avoid heavy or full position operations. For more currencies and spot strategies, please continue to follow the consultation.
—— BTC ——
Yesterday's review: Yesterday, the key focus was on the support level in the range of 64500-65000, which was reached precisely and provided a strong rebound. The strategy order was also placed at the position and made a profit.
Recent focus: the upper range is 68400-69200, the middle range is 65850-66150. The bottom still needs to pay attention to whether the range of 64500-65000 can provide effective support.
Structural Form: As shown in the figure, the bottom pattern has been formed in the support area below, and the candlestick forms a converging triangle with the bottom range within the yellow slope line 1.
Attention: The price breaks through the yellow line 1 in the slope line in the chart, follow whether the yellow slope line 1 suppresses effectively. And the accelerated upward trend after the breakthrough of the yellow slope line 1.
>>>>>>>>Trading Strategy
① Long order: If the price retraces to the range of 65000-64500 without breaking below, go long when a bottom formation signal appears on the 5-minute or 30-minute chart.
② Short: If the rebound entity does not break through the range of 68400-69200, take a short position when a top formation signal is given on the 5-minute or 30-minute chart.
③ Short order: if the rebound entity in the range of 65850-66150 does not fall below, take a short position when a bottom formation signal is given in the 5-minute or 30-minute timeframe.
Focus on the accelerated trend of the yellow slope line 1 in the chart and the support in the range of 65000-64500.
—— ETH ——
Yesterday's review: The support range given yesterday of 3380-3400 was effective, successfully reaching 3480 and rebounding to the range of 3565-3600. Strategy orders for both long and short positions were placed and profitable.
Recent focus: the range of 3565-3600 above, the range of 3380-3360 below. Attention is needed to see if the area near 3660 can serve as effective resistance.
Structure form: It can be seen from the chart that the 3440-3380 range has formed a W-shaped bottom pattern and broke through the neckline to accelerate upward.
Attention: The price retraced to the W bottom neckline at 3480-3440 range, pay attention to the rebound at the neckline and the accelerated market after breaking the neckline.
>>>>>>>>Trading Strategy
① Short order: Short when the rebound entity in the 3565-3600 range does not break through, and short when a top formation signal is given in 5 minutes or 30 minutes.
② Long order: Buy in the 3380-3340 range and go long if it does not fall below, and go long when a bottom pattern signal appears on the 5-minute or 30-minute chart.
③ Long order: Buy in the 3280--3300 range without falling below, and go long when a bottom pattern signal appears in the 5-minute or 30-minute chart.
Key focus:
1: Is the support in the 3480-3440 range effective;
2: Resistance level at 3660 above.
3: Price retraces to the W-bottom neckline level of 3480-3440 and rebounds, followed by an accelerated market after breaking the neckline level.
【Warm Reminder】: The above content is original by Baiqi & Guanyuyu, and the advertisements at the end of the article and in the comment section have nothing to do with Baiqi & Guanyuyu. Please discern carefully, thank you for your appreciation. Investors are welcome to follow Baiqi & Guanyuyu and learn more about real-time market analysis. #BTC☀ # ETH🔥🔥🔥🔥 $ETH $BTC