Market views and analysis for July 9 —————————————— BTC View: Long at a low. A pullback on the 30-minute chart. Look for buying points below the central level to go long. Wealth Code ETH Weekly level, the fifth doji, strong trend reversal signal. The high and low points of the doji star are linked, forming a 4-hour oscillation range. This naked candlestick pattern indicates a potential reversal, which can go up or down. Trade details - a volume bullish candle breakout, with amplified momentum on a smaller time frame, no exhaustion (true breakout), retracement does not enter the left-side high point, go long. If a breakout shows momentum exhaustion, short when it falls back to 2780. In the 4-hour consolidation, breaking below the slope line of the low point and the horizontal support at 2380, if it pulls back and does not enter that range, go long short #PI .
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#BTC
Market views and analysis for July 9
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BTC View: Long at a low. A pullback on the 30-minute chart. Look for buying points below the central level to go long.
Wealth Code ETH
Weekly level, the fifth doji, strong trend reversal signal.
The high and low points of the doji star are linked, forming a 4-hour oscillation range. This naked candlestick pattern indicates a potential reversal, which can go up or down.
Trade details - a volume bullish candle breakout, with amplified momentum on a smaller time frame, no exhaustion (true breakout), retracement does not enter the left-side high point, go long. If a breakout shows momentum exhaustion, short when it falls back to 2780.
In the 4-hour consolidation, breaking below the slope line of the low point and the horizontal support at 2380, if it pulls back and does not enter that range, go long short #PI .