BTC market range operation is king
Yitian said [BTC market review]
After Bitcoin fell below the 9,000 mark on June 15, it has been in a rebound period recently, reaching a peak near the 9,600 line. In recent days, the market has fluctuated in the range of 9,600-9,200, and the overall situation is still in a period of high consolidation. Such a market Although it’s not big, it’s really good news for retail investors, because the market’s liquidation rate has remained high in response to the large capital intervention, and the liquidation rate in the market has remained high. Yes, so the operating range in the past few days is the kingly way, and retail investors should cherish it!
Yitian said [BTC/USDT market analysis]
Yitian said [BTC/USDT market analysis]
Judging from the daily chart, an inverted hammer pattern with a long upper shadow line was collected yesterday, and now the BOLL channel has flattened, and the market is running in the middle and lower rails of BOLL, and the moving average systems are glued to the middle rail (9536) The upper part is suppressed, and the lower part is supported at the lower rail of BOLL (9251); the KDJ golden fork is running but has begun to run in parallel downwards, the energy indicator MACD fast and slow lines are glued and running downwards, and the short energy gradually begins to shrink. Comprehensive analysis , Yitian (aphz8705) believes that BTC’s daytime operation is still a range operation, just keep high and low!
Looking at the 4-hour chart, the market is now fluctuating up and down at the middle track of BOLL. It is currently between the middle and upper tracks. The BOLL channel has begun to open, but the middle track is still running in parallel; the green MA30 moving average has been glued to the middle of BOLL. , Forming the lower support of the BTC market, the upper MA5 and MA10 moving averages form the upper resistance level; the lower KDJ indicator has hooked up, showing signs of forming a golden cross, and the energy indicator MACD fast and slow lines are glued to the zero axis and running in parallel, long and short energy Mutual conversions are very weak; on the whole, Yitian (aphz8705) believes that the daily market fluctuations are not large, and BTC may continue to attack the upper resistance level first, and then fall back under pressure!
Yitian said [BTC/USDT strategy guidance]
1. Bitcoin rebounded to around 9500. It is recommended to enter the market with an empty order. The stop loss is set at 9650. The target below is at 9300-9200; the break is at 9000;
