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Happy May Day holiday this weekend, here are the trading opportunities for the weekend, take a look!
Last night’s small nose was either a loss or a profit, no need to care; last night’s big pancake and second pancake gold trading opportunities, those who look carefully and trade seriously have a chance to make a profit, entering the weekend with low liquidity, avoid assets like gold, silver, and US stocks after hours, trading significance is not very high; crude oil depends on the US-Iran negotiations and news stimuli; thus, opportunities are still on small altcoins or big pancake and second pancake.
Because last night’s market did not continue to surge in the early morning, it indicates that the bulls have also entered a cautious stage, observing the strength of the bears at key support and resistance levels, a phase of both bulls and bears fighting, looking for a short-term top to short, this time node ends by Sunday afternoon, more opportunities should still be seen in intraday continuous pullbacks or sideways consolidation, etc., 1-3 waves of ultra-short deep dips will signal short-term bullishness.
From Sunday night to Monday night, market volatility will increase appropriately, try to determine entry points based on the direction and strength of the upward or downward trend; keep a steady mindset, avoid frequent reckless operations, frequent trading is only suitable for quick traders who lower profit expectations, if you are inexperienced and just want to make a quick big profit, then you should hold back even more, indicating your temperament is still somewhat impatient.
Support 73500/70800
Resistance tentatively 79000
At this moment, the key level of 78425 has become the dividing line between bullish and bearish strength, pay attention to observing the volume capacity here to decide whether to go long or short; this wave of big pancake cannot be unprofitable, 75474/75800/76600 are the points traded this week, it’s impossible not to make money.
This Tuesday night, I will tell you that both long and short are possible when the direction is unclear; Wednesday will tell you that before the end of this week, there will be a 1h/2h rebound demand, holding long positions is not a big problem, keep holding, last night the bulls took advantage and pushed out this week’s new rebound high, all long positions are profitable! That’s the rhythm! That’s how to control the market!
ETH
Support 2175/2055
Resistance tentatively 2403
The key level now is definitely 2225-2260, the weekend gave this range an opportunity, no problem to find a chance to attack the first position!
Last night’s 2285 was traded by some partners who immediately doubled their profits, reduce positions and push to protect zero risk in the game!
Trading records do not constitute any investment advice: last night’s market bulls did not exert force, high levels stagnated or slightly retreated to test the bear strength, at this moment, the 78425 line has not been reclaimed, leaving room for both rise and fall, it’s better to wait and see for now, no clear signals, hold on for a while.
The iron law of the crew is: steady progress, accumulating little by little, day by day, turning losses into profits, mainly focusing on steady asset appreciation like a veteran dog! $BTC $ETH
#WCTC交易王PK