$BTC has reached the support range given before, this position has no value for money
This is the middle position I mentioned earlier: the price distance from the next support and resistance is about the same, and the profit / loss ratio is infinitely closer to 1: 1.
At present, the indicators are still in the normal range, there is no other exception, the volume has not shrunk, etc., temporarily remain on the sidelines
LIVESJ Crypto
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Bearish
$BTC Breaks Down Trend Line to Rise, Now Meets Resistance Again, Where Is The Support Price?
Continuation of the previous analysis, BTC broke through the 41800 downtrend line resistance to open a round of rising prices, but the current disk to a small cycle, is a certain callback expected
The small-cycle MACD indicator has initially died, while the 1H cycle RSI indicator has signs of falling from overbought areas.
Based on Fibonacci measurement and structural support market retracement, support price in the 42400-42600 range
#BinanceTournament
Continuation of the previous analysis, BTC broke through the 41800 downtrend line resistance to open a round of rising prices, but the current disk to a small cycle, is a certain callback expected
The small-cycle MACD indicator has initially died, while the 1H cycle RSI indicator has signs of falling from overbought areas.
Based on Fibonacci measurement and structural support market retracement, support price in the 42400-42600 range
#BinanceTournament
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