7.25 midday BTC strategy



The big pancake made a second attempt to rise in the early morning, still facing resistance at the 119500 line, with sell orders and pressure clearly increasing. I decisively set up a high-position short position and followed the trend downwards, exiting at the support level of 117000 in the morning, securing a space of two thousand points. Subsequently, the rebound bet failed, and I set up a short position again. Recently, the methods used by the manipulators are very obvious, repeatedly washing back and forth. Recently, remember not to hold positions against the trend, as there is still a high probability of a unilateral move appearing!
Now let's talk about the midday strategy. The overall trend in the morning was relatively strong, and we are currently in a phase of technical correction. Throughout the day, we will be looking for low long positions and high short positions within the range of 115000 to 117000.
From the daily chart perspective, there is a gap below, and the pullback strength is insufficient. However, the institutional support in the range of 115,000–117,000 will limit the downside. In the short term, we will first look at a consolidation repair, focusing on the support level of 115000 #Gate Launchpad IKA上线# .
ETH1.04%
BTC0.79%
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
  • 1
  • Share
Comment
0/400
GateUser-f58b52a0vip
· 07-25 07:04
Hold on tight, we're taking off To da moon 🛫
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)