$BTC
Stage Expected Goals How to Promote
Let's first look at Figure 2 and Figure 3, what structure are they?
The expected target after the structure breaks out is nothing more than positions like 1:1, 1:1.618, 1:2.
Combining with the target position of this stage and the larger cycle
so 9.88, 10.2, 10.5 are the current expectations for the smaller level
The end of the five waves, or the continuation of the cyclical wave, is the resonance position of trend lines and horizontal lines pressure.
Cycle perspective:
7.28 + 2.28 + 2.28 * 0.618
The target remains unchanged, after which it is an invincible cyclical wave.
Above 8.45 - 8.52, we still see the trend unchanged, and we must continuously look for new highs. If it breaks below here or has a new location, we can judge the stage pullback begins.
Downward short-term support at 8.16
Enter the spot in batches between 7.89 - 6.7
7.89, 7.45, 7.28, 6.85, 6.75 are several turning points from the last wave of rise. As long as it's not a major market movement in one go, these are also short-term holding positions.
Intraday perspective:
Pullback perspective: Last night at 9.42 and above, still bullish perspective, this perspective is still valid intraday.
To be honest, in this market, there is no pullback after a breakthrough, no rebound pressure after a drop. Hold your hands and don't trade blindly.
The daily intraday perspective given, and how to play in the video, you need to understand this stage in conjunction with the video. It's not just about long or short to win; if you're not often profitable, it's just floating gains.
Intraday 15m supply and demand zone 9.88, 9.63 within the range.