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May 10th Cryptocurrency Market Analysis ‼️
【More ETH】
Strategy: ✅ If it doesn't fall, go long ✅
1️⃣ Market Overview 【BTC ETH】 Current key support levels:
【BTC】Long
Open position: Around 80,400
Stop loss: 80,000 level
Take profit: Around 81,500
【ETH】Long
Open position: 2312
Stop loss: 2300 level
Take profit: 2355
2️⃣ 【ETH & BTC】BTC daily chart, 12-hour timeframe, can't fall further, currently on a smaller timeframe with EMA bullish alignment, so follow the trend and turn bullish. As long as BTC doesn't break below 80,000 and ETH doesn't break below 2300, go slightly long. When BTC and ETH look good, take profits.
There's still a risk of a correction if it doesn't break previous highs, so quick in and out, avoid fighting the trend.
If this helps you, please give Brother Qiang a like 👍 + follow.
All opinions are personal views only.
Not investment advice, DYOR.