Where will BTC fall? Sharks may provide guidance

#内容挖矿 #BTC☀ #BTCUSDT #技术分析 #跟单 $BTC

The price made several false moves near the trend line of the descending channel, and fell back into the channel after the false breakout, overlapping the bearish wedge structure, and fell all the way down after breaking the trend line. There is still no sign of stopping the decline at the 4H level, and it needs to continue to observe. It is worth noting that the 60k integer position overlaps 0.618, which has certain support. At the same time, if the left foot is used as the starting point of the last round of strong rise, there is also a potential shark pattern, and its right foot overlaps around 57.5k, where there is an obvious order accumulation area in the previous consolidation zone.

So the strategy is also very simple. Observe whether the 4H level continues to consolidate and slightly decline. If the 4H level MACD begins to diverge and there is support behavior near 59.5 and 57.5k, longs can try to open positions. Otherwise, continue to look at the bottom of the large-scale channel and try to go long around 49.5k.

I don’t like to watch the market, and prefer the left-side trading strategy. The trading strategy is time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~