4.1 Will Bitcoin have a rising week? Is a big market coming? How to enter?
Bitcoin failed to break through the shock range two days ago and then rebounded back into the box. Then yesterday, it made a correction and stepped on the bottom of the box. After supporting it, the price began to rise all the way, which also drove the rise of many altcoins. Look The beginning of this week is a very good situation. It is likely to be a week when the market rises. The current Bitcoin price has reached the top of the shock range, and it seems that there is some sign of temporary resistance.
From a four-hour perspective, if the price continues to be blocked at the top, then according to the trend inside the box, most of the price will continue to call back to the bottom of the shock range, and then the shock trend may continue this week.
But I think we can currently look forward to the Bitcoin price continuing to break through the resistance position at the top of the box. Once it can break through, there is a high probability that the price will launch a new round of rise, because the price has entered this shock range before. It’s an upward trend.
So our operation idea today is to wait for the price to break through the top resistance position of the shock range. It is best to have a breakout and a retracement trend, so that we can easily enter the market. If it pulls straight up after the breakthrough, then it is actually It is difficult to enter the market. Just go in and chase. Once it is a false breakthrough, the loss will be relatively large.
So today’s article will teach you some trading techniques. How to pursue such a resistance breakthrough? Is it better to chase after a breakthrough or to push back after a breakthrough and then enter the market to chase long. Then I think you must have your own trading habits and operating skills.
First, it rises directly after a breakthrough, or after a breakthrough, the price falls back to the resistance swap point and then rises again. Both situations occur in the price market. All you need to do is do what you can accept. The more stable one is You need to wait for the confirmation of a real breakthrough before entering the market to feel safe. Then you have to wait for the confirmation of the confirmation before entering the market. The advantage of doing this is that the winning rate will be relatively high, but in many cases it is easy to fail to step back, thus missing out on a rising market.
If you are more aggressive, you can choose to chase after the breakthrough directly. The advantage of this is that you can get profits every time the market breaks through and rises. However, the disadvantage is that you will lose money when there is a false breakthrough, and the winning rate is relatively low.
So that is to say, opportunities with high winning rates often appear relatively rarely. If you want a high winning rate, you will miss the market many times. If you have been trading for a long time, you will know that there is no way to avoid this.