Strategy: ✅ If three 12-hour candles fail to close above, switch to short ✅


1️⃣ Major indices【BTC】【ETH】current key support levels:
【BTC】
Entry: Switch to short position, pending order at 69840
Stop loss: 70500
Take profit: 66258
【ETH】
Entry: Switch to short position, pending order at 2135
Stop loss: 2157
Take profit: 1950
2️⃣ 【ETH & BTC】Yesterday I already analyzed the market for you. Yesterday overall on the 1-hour timeframe, not a single candle closed above EMA55, no bullish opportunity.
Today broke below the 12-hour trendline again, bears in control. If you're holding long positions, try to reduce positions, risk has increased. If continuing bullish, BTC needs to hold above the previous high of 70500, ETH: 2150 level.
1. If it continues strong, before 8 AM on March 23rd, closes back above the trendline, price returns above the trendline, can still look for long trades
2. If it weakens and fails to close back above the trendline, switch to short position, can set pending orders for scalp trades, the tighter the stop loss the better
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All views represent personal opinion only
Not investment advice, DYOR
BTC-2.32%
ETH-3.18%
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