BTC is falling back, empty orders are still the mainstream method of operation
BTC, which has been finishing around 7300, fell back again today. Jiayong has accurately given an empty order suggestion above 7350 yesterday, and still maintains an accurate judgment on the current situation. The current decline temporarily stops at the 7100 line, and the trend is weakly finishing above 7100. Still under pressure at the resistance above the 10-day moving average of 7350, coupled with the reduction in trading volume, it is difficult for BTC to break through the current resistance and return to above 7400.
The Bollinger Bands at the daily line level are still opening downwards, and the situation of the short position of each moving average has not changed. After continuous consolidation, it still fails to hold the 7200 line, and the trend continues to seek a way out. The MACD in the attached indicator is running horizontally, and the long position has not been able to increase, and it seems that there will be a situation of falling for a long time, while the RSI has taken the lead in going down, and today’s low of 7100 is likely to be refreshed again. In terms of operation, it is recommended to continue to maintain a high position and a short position single strategy.
In the four-hour level, the Bollinger Band space has not been fully opened, and the lower track 7150 is still trying to defend against this fall. Today, I tried to return to the top of the Bollinger Band middle track 7300, but was firmly suppressed by the bears. Even so, today’s Opportunities for high-level empty orders still exist. For support, we can pay attention to the more critical 6800-6850 line in the early stage, and there will be opportunities to go here again in the near future.
In the hourly chart, the trend continues to be low-level. MA10 moving average 7170 has become the resistance position that needs attention at this stage. Both MACD and RSI are at low levels. In the short term, the current narrow-range shock rhythm will be maintained. Increase, the trend will fall again, you can make a short order layout above 7150, and you can directly follow up to the 6850 line after falling below the 7000 mark. 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.
Operating suggestions: 7150 short order, stop loss 7200, take profit 7000
