Analysis and layout of Bitcoin market trend at night on September 16.

I did not place a long order near 5.95 on the previous night. Now it seems that it is good that I did not place it. I missed the big drop in the early morning. I looked at the candlestick chart yesterday. No matter where you go short or long, you can't get 500 points.

Currently, only sol is red among the four major coins. In the morning, it was prompted that sol fell below the stop loss of 130 when it went long near the 130 position. I am also trading, so I didn't write too much.

Back to the market, Bitcoin has two consecutive negatives after a 7-day surge. From the hourly chart, the coin price touched the Ema256 daily moving average position of 580 at 10 o'clock in the morning and began to stop falling. It rebounded to 591 and began to fall back. Now it is suppressed by the EMA120 moving average and the BBI index, and the MACD is in a golden cross shape. Pay attention to whether the 1-hour closing price can stand above the moving average at 589 to continue to rise. After the shock repair over the weekend, the increase of the big positive line on the 13th also fell back, so I am still bullish today.

Idea: Bitcoin retreats to the 58480-58240 range and defends 579. If the price is around 593, don't buy it if it retreats.

$BTC #新币挖矿HMSTR #币安上线NEIRO #加密市场急跌

Set a stop loss and don't resist!