February 25 Cryptocurrency Market Analysis

【Waiting for Confirmation of Double Bottom Support】
Strategy: ✅ 4-hour reversal ✅
✅ 12-hour reversal ✅
1⃣ Market 【BTC】 【ETH】 Current Key Support Levels:
【BTC】
Long position entry
Open: 64500
Stop loss: 64000
Take profit: 67000
【ETH】
Long position entry
Open: 1880
Stop loss: 1845
Take profit: 2000
2⃣ 【ETH & BTC】 Early morning, BTC shows a bottom pattern on the 4-hour chart, also near the previous bottom, forming a bottoming pattern. This position can be considered a double bottom play, with a good stop loss for long positions.
On the daily chart, divergence occurs, and on the 4-hour chart, you can attempt to catch a bottom. Since the risk is not fully eliminated, wait for another pattern on the 12-hour chart for higher accuracy. It’s recommended to try trading with controlled stop losses.
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All opinions are personal views only.
Not investment advice. DYOR.