Currently, the two-banana pattern is mainly in a high-altitude position, with no room for luck. The lows are continuously being refreshed, and the highs are constantly decreasing. The channel is descending smoothly.



Three major bearish signals: moving average resistance, chip selling pressure, and capital outflows. The rebound strength is very weak, and the downward trend is clean and decisive. Any rebound is a good opportunity for shorting. Stay disciplined with the rhythm and wait patiently for a breakdown to realize profits.

Trading suggestion: Short around 2050-2080, with a target near 1970-1940, and a break below 1900.
ETH4.66%
BTC4.03%
SOL5.76%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments