Analyst Chen Shu: September 13th High Fluctuation and Narrow Range, Focus on Pullback Strength, Midnight Market Analysis / Accompanying Trading Strategy

Market Analysis: Bitcoin has rebounded to the MA60 daily moving average and has started to stagnate. In the short term, pay attention to whether it can continue to hold above 11.51. If it holds, the next target is 11.7. Support below is at the 4-hour MA256 daily moving average of 11.4. For Ethereum, the daily chart has once again closed with a small bullish candle, and the price is currently stable above the MA30 daily moving average, maintaining a high-level sideways fluctuation. The resistance level to watch is between 4600-4650.

Trading Strategy (Published at: 00:30):

BTC: Buy at 11.47, add to long at 11.4 on pullback, target 11.55/11.65; sell at 11.68/11.75 and look for a 1-2000 point pullback.

ETH: Buy at 4520, add to long at 4460, target 4588/4630; sell at 4600/4650 and look for a pullback of about 100 points.

The daily analysis strategy has a very high win rate! Analysis is not easy, so I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below; I will reply to each one!

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