5.16 Bitcoin soars: The latest market and operation guide exclusively analyzed by the academician of the currency circle
There were many people who were happy about the market of Bitcoin yesterday, at least the friends around the academician of the currency circle all ate a wave together. For several consecutive days, most of them were in the range of 62,000 to 61,000, and finally they were in the pocket at 64,200, with a total of 3,200 points of space to freely grasp. After several days of layout, you can sleep well at this time. Currently, you are short and waiting for opportunities
Looking at the current market, as of more than two o'clock in the morning before the release, the current price of Bitcoin is around 65,100, and the daily K line has stretched and broken the EMA trend indicator from the 63,200 pressure level. After that, it has been rising all the way. I originally thought that the upper resistance point was between 64200 and 64500. I didn't expect that Bitcoin reached a high of 65400, and there is a trend of breaking the previous high. It is not recommended to follow the trend. It is recommended to step back and support without breaking before making a layout. KDJ has turned back and formed a golden cross. The diffusion trend has not yet begun. According to this trend, there is still a lot of room to go. MACD has increased in volume and increased in volume. The DIF and DEA have spread upward from low levels. The Bollinger Bands have shown signs of opening upward. The upper rail has been raised to around 65800, and the pressure of the middle rail has become the support point of 62300.
Four hours K-line, there are five consecutive positive, directly breaking the EMA trend indicator to stand at a high level, forcing EMA to start to spread upward alternately, after KDJ spread upward, MACD shrinkage also ended and began to increase in volume, that is, after stabilizing at 62100, the bulls began to exert their strength, breaking the upper rail 63300 pressure level of the Bollinger band. At present, the Bollinger band stretches upward, and the upper rail high point has reached 64500. In terms of thinking, if the support is not broken, you can arrange more, and set a good stop loss to prevent the market from changing and missing the opportunity to remedy.
The idea of ultra-short contracts is as follows: Radicals can follow the trend at the current price of 65100, and the target is 663 00 to 66600 range,
The long entry point refers to the 64500 to 64000 range. If the support is not broken, you can arrange it. The first exit target is the 65500 to 66600 range, and the second exit target is the 68500 to 69500 range. The stop loss is 63500. The defense must be done well. Don't resist the order when the market changes.
The short entry point refers to the 66600 to 67100 range. After the pressure is effective, you can arrange it. The first exit refers to the 65500 to 65000 range, and the second exit point refers to the 64500 to 64000 range. The stop loss is 400 points.
Before placing an order every time, taking a look at the following points can help you reduce the error tolerance rate and increase your income
Don't open a position if you don't reach the point
Don't open a position if you don't break through
Don't open a position if you don't see a signal
Don't open a position if you can't find the stop loss position
Don't open a position if the stop loss position is too large
Don't open a position if it's not a key point
The specific operation ideas are based on the market data. For more information details, you can contact the author. There is a delay in the release of the article. The suggestion is for reference only and the risk is borne by yourself
As a senior person in the currency circle, I have been committed to providing useful suggestions for everyone. I hope that everyone will take fewer detours and make fewer wrong orders in this market. Although I am sincere, the road to investment still needs to be explored by yourself. Learning is endless, and the experience learned is the real wealth!
There is no need to over-display your strength. The key is to get more people's recognition. On the road of investment, it is more important to do your best than to prove your strength to others. Whether it is a mule or a horse, you will know it after taking it out for a walk.
I am a fellow of the cryptocurrency circle, a warrior who strives to protect the leeks. I wish my fans to achieve financial freedom in 2024. Let's cheer together!
