The chances of a bull reversal are getting slimmer?
On Monday, July 6, 2020, a new week began again. Yesterday, the market fell first and then rose. Yitian successfully grasped the lowest point of 8910 in the guidance, and the short order took profit and exited, and the long order successfully entered the market! Recently, the bitcoin interval god predicts that the chances of bulls reversing are getting slimmer and slimmer!
Yitian said [BTC/USDT market analysis]
Yitian said [BTC/USDT market analysis]
Looking at the K-line chart at the daily level, what was collected yesterday was a small negative column with a long upper shadow, and the upper part was under pressure at the yellow MA5 daily moving average. After the market opened today, the market still continued to surge higher. Piercing the pressure level of the MA5 daily moving average above, but the pressure is at the white MA10 daily moving average, and the strong pressure above is at the middle rail of BOLL (9230); The middle rail of MA10 and BOLL are suppressed; the energy indicator MACD fast and slow lines are glued and running below the zero axis, and the short energy is still being released continuously; on the whole, Mr. Yitian (aphz8705) believes that the daytime market needs to focus on the white MA10 daily moving average ( 9130) and the pressure level of the daily BOLL middle rail (9230), if the daily market cannot be strong, then the market outlook will continue to enter a deep downward channel!
Yitian said [BTC/USDT operation suggestions]
Yitian said [BTC/USDT operation suggestions]
1. When Bitcoin rebounds to around 9200-9250, it is recommended to enter the market with an empty order, stop loss above 9400, and target 9000-8900;
(The market changes in real time, and there is a delay in the review of the post. The content of the article is for reference only and should not be used as a basis for making orders)
(The market changes in real time, and there is a delay in the review of the post. The content of the article is for reference only and should not be used as a basis for making orders)
