Analyst Chen Shu: September 16th rebound falls again, focus on the support and loss at 11.4, midnight market analysis / accompanying trading strategy
Market Analysis: Bitcoin's daily line currently closes with an upper shadow green K-line, short-term once again retracing to the MA60 daily moving average around 11.5. Short-term support focuses on the 4-hour MA256 daily moving average at 11.4; if it breaks down, the short-term will continue to look for a retracement near 11.3. For Ethereum, the daily line once again closes in the red and is about to retrace to the MA30 daily moving average support at around 4430. Pay attention to whether it breaks down after retracing to this line and then closes back up. The short-term support on the 4-hour chart looks at the low points around 4430/4360.
Trading Strategy (Published at: 00:30):
BTC: Current price 11.47 short, add to short at 11.55 on rebound, target 11.36/11.3; below 11.3/11.2 look for a 1-2000 point rebound.
ETH: Current price 4500 short, add to short at 4535 on rebound, target 4430/4380; look for a 6-100 point rebound at 4350/4300.
Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, save, like, and comment, thank you all, and feel free to leave a message below for discussion; I will reply one by one!
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