Short-term analysis of BTC/SOL/ETH contracts on August 7th - with trading suggestions:
The rebound arrived as expected, but the height remains to be determined. The recent daily chart is still characterized by volatile trading until it breaks through the EMA15, so a strong short-term trend is not necessary.
$BTC short-term strategy: Go long on the right side of the 114900 support/resistance swap. After the 114900 support/resistance swap, target upward resistance at 116200 and 117300. Target support at 113700 and 113200 for a rebound.
$SOL go long on the right side of the 168 support/resistance swap, target resistance at 170 and 173. Target support at 164 and 162.
$ETH E-sub short-term strategy: Go long on the right side of the 3690 support/resistance swap, target upward resistance at 3713 and 3766. Target support at 3607 and 3570.
#ETH whales increase holdings #nextFederal Reserve Chair