Market sharing: #Btcoin

4H, left picture, here the departure segment passes through the end, walks a 4H segment, and finally comes out. As mentioned before, only here can we talk about divergence. It is currently in the divergence position, but the end of the decline has not produced a pattern. There are two possible intervention points for subsequent trend classification.

1. If the decline can continue and a non-divergence three sells are produced, it is an excellent medium-to-large-level hanging empty point, which can simultaneously destroy the 4H and 1D centers and form a main falling wave.

2. If you want to intervene in long orders here, you must brake on the spot to form a strong three buys of reverse destruction and confirm the reversal, with a low probability. 30F, right picture, you can see that it is a 4H running type falling center, and the current 30F departure segment is also a running type falling center, with a very strong structural inertia. This is the self-similar nature of the trend, caused by the power of trend and stock nature. The departure segment currently generates a weak divergence and a buy. The current pattern strength is average and no effective rebound has been formed. Therefore, it is very likely to become a relay pattern and continue to extend. If a non-divergence departure segment is finally formed, there will be a three-sell opportunity.

Trading suggestion: The 69,000 point is estimated to continue. BTC is still in a short structure, and there is no sign of stopping the decline. Do a small-level high-altitude.

In terms of spot, some altcoins have fallen out of the bottom divergence, but I still recommend waiting for BTC to stabilize before entering. The characteristic of altcoins is that sometimes you think it is the bottom, but there are still eighteen levels of hell.