Looking back on last week, I can only describe it as amazing! The overall strategy winning rate is as high as over 95%, and Bitcoin has gained a total of 7270 coins, which is simply outrageous! The highlight moment of a big victory is just a thing of the past, and the winning streak will continue this week!
After two days of narrow fluctuations, the long-suppressed market finally got a good release driven by a big negative line. After the currency price dropped strongly to the 63135 area, there was no sign of a big rebound, and it currently remains at the 63200 area. Wander!
Look at the technical structure! At the four-hour level, after the currency price fell back strongly, the overall downward channel was successfully opened! At this stage, there is an obvious downward trend developing! In the indicators in the attached picture, the peak volume can be arranged to increase the volume, the moving average hook crosses and there are obvious signs of downward diffusion, and the price continues to maintain low consolidation, the overall rhythm of the small cycle still has a shock and downward demand!
In the short-term level, but judging from the current overall structural shape, the rhythm trend is still running in a weak form, and the peak volume can be arranged to increase the volume, and the three moving average lines are in a circuitous downward spreading form. The subsequent rhythm will obviously come out of the downward trend again! Follow-up operations can be carried out around the short-term thinking to see if the currency price breaks further!
Personal suggestions for operation:
Bitcoin is short in the 63100-63500 area, with a target of 62200-62000!
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