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Market Analysis on July 7
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🎊🎊🎊🎊🎊🎊🎊🎊
After the rise last night, a top divergence appeared on the 30 15-minute chart. Additionally, a 2B false breakout pattern emerged, and currently, the 5-minute EMA15 has crossed below the 60 moving average, breaking below the triangular structure at the 5-minute top. A pullback should be used to short, with a stop loss placed near 109300.
Similarly for ETH
Similarly for SOL
While boldly making predictions, be careful to verify them. Last night's surge may have formed a second sell signal in the 30-minute timeframe.
Short while keeping a good stop loss! Risk control through stop loss is always the top priority.
In summary: at the current position, long positions should take profit, while remaining neutral or cautiously shorting! Ensure proper risk management.
#BTC