The daily line closed! Today's market deduction is as follows
In yesterday's deduction, I clearly stated that the overall market is going to go up. I also said yesterday that I had a light position and had already stopped profit. Now this market is like a child who changes his face faster than turning a book. No matter long or short, there is no need for any pattern at present!
Let's get back to the topic. Since the daily line has returned to the long side when it closed, today's strategy and direction are very clear. The specific strategy is as follows:
1. Go long if it does not break 62264u, stop loss price 61710u, target price 63484u first, and then look at 64821u if it stabilizes.
2. Go long if it does not break 62140u, stop loss price 71710u, target price is consistent with strategy 1.
Strategy analysis: The first support level of the current market four-hour level and the daily level is very close, which is actually around 62264u-62140u. Everyone should pay attention to this position. Once the market starts to pull back, if the price can hold steady near this price, then you can arrange a long position of Bitcoin here. In fact, the price retracement is a common manifestation of the accumulation of power by the bulls. While accumulating power, it does not destroy the overall pattern of the bulls. Once such a long position is caught, the profit is considerable.
Stop loss must be brought when entering the market! Reduce positions near the target price!
