This column focuses on sharing major mainstream cryptocurrencies such as BTC/ETH/EOS/XRP/ETC/LTC/DOGE. Follow the public account "Yanbi" to avoid getting lost and enjoy more service guidance.
After confirming stabilization at 10.1 yesterday, further breaking higher was expected.
Unfortunately, the opportunity to enter with Bitcoin was missed during the transition, with an upward target of 10.4 being correct, but ultimately it was missed.
Now that the trend has confirmed a breakout, the pullback phase is completely over. With only two days left until the turning point on the 20th, the strategy should focus on low long positions.
Short-term support for Saturday: 10.25-10.2
If support is touched and does not break 10.15, it will be a starting point for an upward trend. Given the low liquidity over the weekend, the rebound expectation will primarily focus on a slight low or a small break higher.
Saturday rebound target: 10.45-10.6
The trend for Ethereum is very simple; those who are unsure should blindly follow Bitcoin's direction for positioning.
Currently, Bitcoin is in a dictatorial trend. After Bitcoin's trend ends, market funds will flow to other cryptocurrencies, and then other coins will begin to follow the fluctuations.
Bitcoin's trend has become a beacon for other smaller coins, especially in light of Ethereum's long-term weakness.
Intra-day support for the low point explored early Friday: 3270-3250
A rebound layout is based on not breaking below 3200, with subsequent attention on an upward rebound target of 3380, and a second target to focus on around 3450.
BCH:
Focus on 460-455 to seek entry opportunities, with a secondary rebound target of 490-510, and a support point at 440.
DOGE:
Focus on the previous resistance turning into support at 0.39-0.38, with the first round of rebound targeting 0.42, and if it breaks through again, focus on 0.44.
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