BTC weekly chart
1. Is the trend of BTC initiated from 15476$ over?
2. The price experienced a small period A, with an increase of 44%.
3. The central point of the big A segment in the theory, in terms of price behavior, has gone through a year-long trading range, the chips have been reshuffled, and I have chosen to break upward.
Obviously b>a, and b-A appears,
b-A is obviously not the center of this level, but the 2-day line period, because MACD has stepped back on the zero axis.
4. When b-b occurs, will you foolishly go short for a long time?
No, because b-b will at least break the previous high. It has already broken through the previous high. Do you still think it is a false breakthrough?
Not like that. Because this period of bullish momentum is too strong, which is the current leg 2,
Leg 2 will signal if a simple callback occurs at a small level,
This is the last opportunity to get on the train in this trend. Its target is at least 62,000w. Friends who get on the train after reaching the target should be cautious.
5. Section b is not over yet and is very strong. Friends who like short selling, if you lose money by short selling, don’t cry! Of course, if you are very good,
You can go short at a smaller level and run away after eating.
6. There is no right or wrong between short and long. It depends on whether you choose the one with a higher winning rate or a smaller one. Some people choose the sea, and some choose the creek.
Accept it if you choose.
This analysis does not constitute any investment advice and is purely personal behavior.