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Bitcoin market analysis: how will the market look after the waterfall

持币者
特邀专栏作者
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What's the outlook after the falls.
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What's the outlook after the falls.

Yesterday’s articles were all about being vigilant about the coming waterfall. After Bitcoin rebounded slightly in the afternoon and exceeded 10,700, I still expressed doubts about whether it can continue to fluctuate in the range (the same attitude is also held for Ethereum). I believe many Friends bought more around Bitcoin 10700, and also bought more near Ethereum 350. The waterfall at night was completely washed out.

BTC market analysis: The 3 consecutive positives collected by the daily bitcoin market have been interrupted, and the market directly breaks through the middle track to reach the lower middle track area. The current market is running around 10580. The upper MA5 daily average and MA10 daily average in the daily chart A strong suppression is formed, and among the indicators below, the bullish energy is still in a state of double decay.

Suggestions for BTC operation:

Suggestions for BTC operation:

1. You can enter the market with multiple orders near 10530, stop loss at 10450, and target around 10650.

Conclusion: Predictions are all probabilistic events. Only the real-time K-line signals from the disk are the basis for deciding to enter the market. I hope that everyone can make reasonable and objective judgments in the transaction.

Conclusion: Predictions are all probabilistic events. Only the real-time K-line signals from the disk are the basis for deciding to enter the market. I hope that everyone can make reasonable and objective judgments in the transaction.

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