The bulls broke out in the evening, and continued to challenge the difficulties after breaking through the key resistance
At 8:10 tonight, BTC suddenly fell back and rebounded strongly after going to the 7400 line. In the small view, it is clear that the trend quickly rose to the 7620 line on the upper Bollinger band with the support of the bulls at the lower track of the Bollinger Band. Then it was sorted around 7600 and waited for the next wave of bulls to attack.

Just now, BTC, which has been silent for a whole day, finally made a strong effort, breaking through the 7700 first-line resistance that has been suppressed at a high level recently, and reached the weird position of 7777 US dollars.
So far, the hourly Tubuling band space has been opened again, increasing the next upside space, and the analysis in the evening reminds everyone to pay attention to the next breakthrough of the 7700 first-line resistance. Once it breaks through here, you can seize the opportunity to follow up with more orders To around 7900.
Judging from the current trend, there have been opportunities for further upward movement. Friends who have made a low-level multi-order layout early can continue to hold orders and wait for the trend to further increase to increase profits.
At the same time, this round of bullishness has also successfully opened up the space of the four-hour Bollinger Bands. Tonight’s trend is expected to maintain the current high level, and there will be opportunities to test 7900-8000. At that time, the bullish sentiment is expected to further increase, and tomorrow’s BTC may even have a chance to return. Above the 8000 mark, so the low position layout and follow-up at this stage are particularly critical.
In terms of operation, it is recommended to follow up multiple orders at 7700-7750, and gradually reduce positions to around 8000 after reaching above 7900 to leave the market. In the process, it is still necessary to maintain good trading habits of controlling positions and setting stop loss and profit. BTC will eventually reward those who wait for good things. 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.


