Market views for 6🈷️17 —————————— The weekly and daily charts show a sideways trend on the 4-hour timeframe, with no trading opportunities. 1 Hour Short 30-minute short 5-minute downtrend The decline has not yet stopped! Summary: The pie is at the top of the top, it takes time, at present, the time is not enough, try to keep the high altitude, 109000 above the opportunity to find the opportunity to empty, break the new high in time, force the control of the liquid, the short single can still make money, long single to maintain a cautious attitude, and with a good stop loss, beware of the quilt When the breakout will happen, only God knows. Reject all fantasies and assumptions. The current market is characterized by rapid rises and falls, with strong bearish candlesticks. This clearly indicates that the bears are gradually gaining strength, but there is still not enough time; we need to wait. The transitions between bulls and bears in lower timeframes must be quick. If you can make a profit from long positions, take it and do not get too greedy! $ETH Viewpoint There has been too much shouting about Ethereum's rise, just watch it go up! If you believe in it, it will affect your grasp of future trends. Eventually, you might think it's going to rise, hold on tightly, and when the day comes that you're stuck, you'll say, if only I had sold it earlier, if only I had done this or that, but it will be too late. A gentleman does not stand under a dangerous wall. There are three things in trading: trend direction, risk management, and patient waiting! You know what you don't know, and you know what you know! It's like driving; the only things you can trust are the steering wheel and the brakes!
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#BTC Trend Analysis
Market views for 6🈷️17
——————————
The weekly and daily charts show a sideways trend on the 4-hour timeframe, with no trading opportunities.
1 Hour Short
30-minute short
5-minute downtrend
The decline has not yet stopped!
Summary: The pie is at the top of the top, it takes time, at present, the time is not enough, try to keep the high altitude, 109000 above the opportunity to find the opportunity to empty, break the new high in time, force the control of the liquid, the short single can still make money, long single to maintain a cautious attitude, and with a good stop loss, beware of the quilt
When the breakout will happen, only God knows. Reject all fantasies and assumptions.
The current market is characterized by rapid rises and falls, with strong bearish candlesticks. This clearly indicates that the bears are gradually gaining strength, but there is still not enough time; we need to wait. The transitions between bulls and bears in lower timeframes must be quick. If you can make a profit from long positions, take it and do not get too greedy!
$ETH Viewpoint
There has been too much shouting about Ethereum's rise, just watch it go up! If you believe in it, it will affect your grasp of future trends. Eventually, you might think it's going to rise, hold on tightly, and when the day comes that you're stuck, you'll say, if only I had sold it earlier, if only I had done this or that, but it will be too late. A gentleman does not stand under a dangerous wall.
There are three things in trading: trend direction, risk management, and patient waiting!
You know what you don't know, and you know what you know! It's like driving; the only things you can trust are the steering wheel and the brakes!