Currently, from the one-hour chart, Bitcoin (BTC) has started to show a signal at the mid-track of 778, then went down, and is now at the mid-track. If you currently have no positions, this location is completely suitable for opening a long position. Of course, you can also plan a long position near 77000 and take profit at the position of 76500. Overall, it is still recommended to operate steadily.
Ethereum is similar, with only fluctuations of twenty or thirty points. Don’t be too ambitious with Ethereum. Either choose to go long at 2110 or choose to go short at 2150, just avoid trading in between this position.
Recently, Ethereum has been quite weak; those who understand know what I mean. Looking at Ethereum from the four-hour chart, it is also swinging without any strong signs, only showing its presence during a drop and currently still looking weak during an increase.
Now looking at gold. Gold has gone long at 4460 as mentioned in the last video and has reached our target of 4550, which was achieved smoothly. I also told everyone that after reaching 4550, you can test going short, still following our strategy at this stage, trying lightly at resistance/support levels.
The overall decline of gold has not ended,
we can see that it has broken through two lines, rebounding and oscillating after breaking the line, then continuing to test the position of 4460. So we can again plan a long position at 4360, and if it tests again, then add another long position, which is a bit more prudent. Low long, or going short at high positions are both acceptable.
Overall, gold has not reached the bottom yet; it is oscillating downwards, then oscillating again to descend. You can see it follows this pattern: oscillating downwards, oscillating again to go down, then oscillating again, and then going down, wave after wave, this is the overall situation.
You can go long at low positions, maintaining a low long strategy.
Logic:
BTC: Gradually ↑ around 77100-76600, 78000-78500
ETH: Gradually ↑ around 2110-2080, 2150-2180
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