After the rebound, it faces resistance and suppression, opening a long-short game situation
BTC rebounded strongly after reaching the lowest line of 6500 yesterday. Within 24 hours, it turned from falling to rising. The trading volume surged. The trend returned to stabilize above 7000. The long-lost volume rebounded for a long time. The highest night was close to 7400. The trend range came In the previous stage, it was in the range of 6900-7400, but the overall situation is still not optimistic. Today's trend is still mostly in shock and order, and the operation strategy of high altitude and low volume is to seize the opportunity.
At this stage, the resistance has come to around 7400. At night, it reached the highest line of 7374, and then fluctuated downward. The overall decline has not changed. The layout of high-level empty orders at night has been successfully profitable. It is currently testing the support strength around 7100. Although There was another fall, but the current trend of BTC can still stand above 7000 for consolidation and accumulation. At present, it seems that the short position is suppressed at the 7400 line. In the four-hour level, the Bollinger Bands are running horizontally. Today’s trend finally has a chance to be on the upper and lower rails Stable wide arrangement within the range, currently supported by the MA10 moving average 6970 and the Bollinger band lower rail 6800, the fallback is relatively slow, and there is still a good room for development when the trend is suppressed near the Bollinger band lower rail 6800, and it is necessary to deal with the short sellers again Force, the layout of empty orders in the finishing stage can be completed above 7100, and take profit at 6970. The low of 6500 is still the bottom support at this stage.
The amount of bulls at the hourly level can be weakened, MACD is about to die, and the trend will continue to look for support. It is expected that it will be wide-ranging at 7000-7300 during the day today. The short-term support of 7050 is a good entry point for long orders and profit points The position is 7200. If it continues to break through 6900, there is a possibility of retracing to the bottom support near 6500. At that time, the long-order layout can be done in time. Whether it is the accumulation of income in the shock, or the expansion of income in the long-short period, Jiayong will bring you the most comprehensive analysis and suggestions to help you achieve ideal results in the end. If you want to get my instant guidance and advice on more mainstream currencies Friends of friends can pay attention to the official account/Jiayong Kanbi circle.
