April 12th BTC/ETH Mishen Strategy

Congratulations to the friends who followed Mishen’s strategy, isn’t this high position confusing? All the charts and positions are drawn and announced in advance. Look carefully at my charts, and it will definitely help you make profits.
The news just came from US Vice President Vance saying no deal was reached, and the market immediately plunged. This was expected; these conditions are hard to agree upon directly, as both sides want to protect their own interests. So let’s continue to look for technical positions to seize the emotional trading opportunities.

BTC: The recent plunge was caused by news; 69,000-71,440 is the lower big box, and 71,440-74,400 is the box that has been attempted to break through in recent days. After testing near the upper boundary of the night session, no further extension was made. Now, the decline is driven by profit-taking, so first watch the 71,440 resistance to see if the price can rebound back to 72,279-73,000. If it rebounds, consider adding a high short here. If panic continues to drop, the first support to watch is around 70,600, and the second is near the lower boundary of the big box at 69,000. Use the market sentiment, don’t be controlled by it.

ETH: Yesterday’s recommendation indicated a high point at 2,299-2,330, and catching it would have been a big profit. The recent news caused a plunge; currently, it’s testing multiple support boxes (see chart for details). Good news from the news side is also positive. Don’t worry about the market’s ups and downs; just watch Mishen’s chart support levels. When a signal appears, go ahead and panic buy. If it recovers, try for a high position again. There are many positions marked on the chart. Please study the charts carefully and confidently. If you don’t know how to read charts, learn now! $ETH