Bitcoin hits a new annual high, market outlook analysis and layout
The current market is around 12850, and the highest point is close to 12900. From the perspective of the disk, the upper suppression level is around 13150 and a 0.618 retracement level of 13500, the highest point in history. In the short term, the bulls are undoubtedly strong, but the weekly level We can see that although the market has reached a new high this year, the attached indicator MACD has not emerged from the same shape as the K-line. Although it failed to form a top divergence pattern, it also shows that the market has indeed become weak after the new high price.
Operation suggestion:
Operation suggestion:
It is recommended to enter the market with an empty order at 12900-13000 above, and the target is 400-500 points.
It is recommended to enter more orders at 12400-12500 below, and the target is 100-200 points.
The market has fallen strongly
The above suggestions will be directly invalidated if there is a strong pull-up in the market. Once the pattern is destroyed during the pull-up, the market outlook needs to be redefined. If the top breaks through 13150, you can look at 13500.
When referring to analysis strategies, please know in advance that margin contract trading is a high-risk, high-yield investment product, and any strategy is not foolproof. Immediate decision-making requires a certain market judgment ability and risk warning ability. Investment is risky. Be careful!
