Bitcoin bulls and bears are swaying left and right, have you become a taker?
Good weekend, everyone. Today’s market basically maintains a state of shock and consolidation. At present, it is not very operable. My friend who added it at 4 o’clock in the morning should have received my pending order strategy 59400 short, with a profit of 1000 points. During the day, I had guidance in the circle of friends to go long without breaking 58,000, and the target has already gained 800 points of profit. I believe that those who read my article yesterday also gained a wave of profits. Spot the trend and operate in a range, it is hard not to make money on the contract. Let's first review the previous trend. Since the big pie shot up and fell back, the original downward trend should be a good downward trend. However, since the Federal Reserve meeting stimulated the price of Bitcoin to rebound again, we can start from 1 On the hourly trend line, the market began to rebound gradually when it touched the MA60 daily moving average. The overall market has been running above the moving average. This trend has basically laid the foundation for the short-term adjustment to come to an end. I believe that many friends who have followed the large-scale trend of Bitcoin before should understand There will be a 3-5000-point downward trend when the big pie breaks the record high. At the same time, many people are already on this train, especially when the market falls and breaks the BOLL middle track and the MA60 moving average. It is normal to have more room to fall back, but the market is changing rapidly, the news is also coming out, and the dealer is also waiting for the opportunity, especially the recent release about the improvement and recognition of Bitcoin offline transactions and circulation, some capital and institutions including the United States Institutions such as Tu are also increasing their holdings of Bitcoin. This combination is also a general trend that leads to too high currency prices! Therefore, we must be careful in operation.
After analyzing the news, let’s analyze the actual operation of the big pie. Last night we pointed out in the update that the big pie’s rise to 59,200 is a barrier, and it cannot go up if it does not break through. However, the current price is running around 58,400, and the overall market is once again a barrier for long-short competition. It runs before 58600-57600. If this range cannot be broken out, this shock pattern will still be formed. In addition, from the trend, the market in the morning market is still oscillating, and there is still no movement in the European market so far, so the shock is inevitable.
The biggest problem with buying bottoms now is that friends who wanted to buy bottoms before forget to get out of the car now, and there are many people who want to see the waterfall and are trapped in the game by being smashed up. The other is to use time and trend space in the interval to release The confusion of your order is undoubtedly the best opportunity. First, fluctuations in the range effectively avoid the pressure on funds. Second, no matter how long or short, there is a chance of being out. It depends on how you grasp the changes in this shock. If you are unsure, you can chat with me in private. For today’s operation suggestions, the seniors think that they will bottom out or break through and pull up again. Therefore, when the market breaks through and stabilizes again, open long above 58600, relying on stop loss below 57600 , if the backtest after the breakthrough is around 58000 and the position is covered, the target is around 59100-59600.
The market of Ethereum is running between 1825-1811, and the pressure from the middle track of BOLL and the MA5 above is under pressure. In the case of a sideways market, Ethereum is basically running in parallel, and the support below the daily line of Ethereum is still intact. Therefore, the long-term arrangement is also said to be very strong. The rise of ether is basically driven by the big pie. The current price is running around 1822-23. If the big pie breaks through and stands above 58800, it will drive ether to break through the strong pressure above 1825 to stabilize Then the bulls release their energy and motivation. This is the moment for us to enter the market and do long. The breakthrough target can be seen around 1834-1851!
