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Retail Alliance Manba
6.14 Operation Recommendation
BTC:
After the daily shorting formation, pay attention to the upper resistance level. On the daily chart, pay attention to the 68500-69000 range. Considering the overall pattern on the 4-hour chart, shorting at 67500 in the short term does not have a very high risk-reward ratio. Combining with the aggressive current price at around 66900, take a long position and wait for the breakthrough at 67500 for a stable rebound. Short at the high level above 68800.
ETH: On the daily chart, Ethereum has formed initial resistance around 3650-3630, and short-term candlestick patterns are showing caution with double bottom support. Therefore, the first resistance level to watch is 3550, and the second resistance level is 3610. Aggressive short positions can be taken at 3550, while stable short positions can be considered at 3610.
The Retail Alliance only does trend-following trades and will pre-announce live broadcasts every day.
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