The price made several false moves near the trend line of the descending channel, and fell back into the channel after the false breakout, overlapping the bearish wedge structure, and fell all the way down after breaking the trend line. There is still no sign of stopping the decline at the 4H level, and it needs to continue to observe. It is worth noting that the 60k integer position overlaps 0.618, which has certain support. At the same time, if the left foot is used as the starting point of the last round of strong rise, there is also a potential shark pattern, and its right foot overlaps around 57.5k, where there is an obvious order accumulation area in the previous consolidation zone.
So the strategy is also very simple. Observe whether the 4H level continues to consolidate and slightly decline. If the 4H level MACD begins to diverge and there is support behavior near 59.5 and 57.5k, longs can try to open positions. Otherwise, continue to look at the bottom of the large-scale channel and try to go long around 49.5k.
I don’t like to watch the market, and prefer the left-side trading strategy. The trading strategy is time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~
Triangle relay, it seems that the price fluctuation range has begun to narrow, a bit like the triangle relay pattern, pull the transaction distribution, VAH and the upper edge of the triangle can try to do short short, VAL and the lower edge of the intersection can try more short long.
However, this small triangle relay can easily develop into an upward channel, and low long and high short can be considered in the channel. It is worth noting that if the channel is established, it seems to look like a bear flag, and its 0.618 is around 60k, which is also an obvious support and resistance exchange position, and this also overlaps an integer plot.
There is also an extreme left inference, there is also an AB=CD pattern here, which is also very consistent with a perfect trend from the perspective of time distribution, and the completion position is about 50k, which is not only an integer, but also a support position of an upward trend line.
So the strategy is also very simple. Furious shorts go short at the upper edge of the relay triangle, cover positions at the upper edge of the bear flag channel, aggressive shorts place ladder short orders on the left side of the upper edge of the bear flag, and conservative shorts can try to cut in on the right side here. The first stop profit is placed at the lower edge of the channel, and the second stop profit is placed at the intersection of AB=CD and the large upward trend line.
For bulls, multiple important support levels have been tested many times, and it seems that the strength of the bulls is not seen, so short-term longs should stop profits in a timely manner.
I don’t like to watch the market, and prefer the left-side trading strategy. The trading strategy is time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~
Looking back at the trend, it seems that a giant consolidation triangle can be drawn. The first pin broke through the triangle, and then broke through the previous low again and pulled back. There were very obvious multiple divergences at the 4H level. It stood back in the triangle and took a small bull flag pattern, retracing the lower edge of the triangle, and began to rise violently.
For violent bulls, you can go long at the current price. If you can retrace around 140, you can cover your position. Aggressive bulls can try to place orders on the left side near 140, and conservative bulls can cut in on the right side here.
For bears, there may be nothing to say, most of them are already fuel.
I don't like watching the market, I prefer the left-side trading strategy, the trading strategy is time-sensitive, all comments do not constitute any investment advice, I wish you all good luck~
Is the opportunity to go long on BTC here? It is indeed worth a try! #BTC走势分析 #BTC☀ #BTC突破7万大关 First of all, let’s review that in the 4H level, the price broke through the iconic location of 59k, then consolidated and stood back, starting a wave of pull-ups to 72k. Now it has broken through 64.5k again and then pulled back above 64.5k. It seems a bit like history repeating itself, and MACD seems to be starting to diverge.
At the 1H level, it can be seen that although the shorts dominate the price, the volume of the shorts is obviously shrinking, and 64.5k plays a pivotal role. It can be seen that the first contact produced a rebound, and after breaking through, it pulled back strongly and stepped back again. And as a landmark AR low point, the price stood back after the false break. In any case, it is a price position worth trying.
From the perspective of the shorts, the first profit target of 64.5k has been reached. Shorts can still try to fill the gap below and the potential 0.618 retracement, which is around 63k. It is meaningless for shorts to enter at this time. The profit-loss ratio is not good enough. Shorts should move the defensive stop loss above 66.5k.
From the perspective of the longs, the iconic 64.5k breakout is a moment worth trying to intervene anyway, but the longs are not obvious enough at present. If the price can break through 67.3k and slowly fall back, the short pattern will be broken for the first time. Furious bulls can go long at the current price. Aggressive bulls need to wait for the decline to stabilize before entering on the right. Conservative bulls need to wait for the breakthrough of 67.3k before entering on the right. The standard stop loss is below 64k. If the price falls back to around 63k and there are signs of stabilization, this is the position to cover the position, or it is an opportunity for conservative bulls to enter on the right.
I don't like watching the market, I prefer the left-side trading strategy, the trading strategy is time-sensitive, all comments do not constitute any investment advice, I wish you all good luck~
First of all, let's review the price. At the 4H level, the price has been up and down many times, oscillating downward. It is about to reach the previously mentioned 64.5k. This is the most important AR low point. If it is hit here, then the long stop loss of this round of rise should be swept away. Pay attention to the gap between 63-64.5k. There is a high probability that it will be covered here. 61.5-63k is a potential retracement area. Pull the previous transaction distribution, POC almost perfectly falls on the upper edge of the retracement area, and say more, the 0.618 retracement since 56k also happens to fall in this area. There are multiple resonances here, which is the starting point for the bulls to organize a counterattack. The MACD volume at the 4H level seems to have diverged at present, and the falling volume is continuing to weaken.
Switching to the perspective of the large channel, the price continues to move near the central axis, and VAL almost coincides with 0.618. If the price can sweep the long stop loss below VAL and then stand back, combined with other confirmation factors, it is an opportunity for longs to try to go long.
For shorts, the profit target of short positions is about to be reached. You can move the defensive stop loss and try to take partial profit near the central axis of the large channel. The second profit target can be placed near the lower edge of the channel. It is not recommended to enter the short position without holding a position. Pay attention to the funding rate, which has begun to fluctuate towards the negative rate.
For longs, you can focus on several price positions, 62.9k, 61.5k and 59.9k, which are all potential reversal positions. Furious longs can try to place ladder long orders on the left side of these three places in batches, and aggressive longs can enter on the right side of these three positions. Conservative longs are not recommended to participate and need to observe the trend further.
I don't like watching the market, I prefer the left-side trading strategy, the trading strategy is time-sensitive, all comments do not constitute any investment advice, I wish you all good luck~
Pull the transaction distribution, POC is around 41.4, and an upward trend line can be drawn here. If the price has support and stays at the intersection of POC and the trend line, you can try to go long, and the current 4H-level MACD seems to be beginning to show signs of turning. If there is a divergence, the winning rate of going long will be further expanded.
I don't like to watch the market, I prefer the left-side trading strategy, the trading strategy is time-sensitive, all remarks do not constitute any investment advice, I wish you good luck~
BTC will go to 64.5k first, and pay attention to the potential long positions below 63k and 60k. #BTC☀ #BTCUSDT #BTC突破7万大关 #跟单交易
From the perspective of the 4H-level large channel, the price went to 70k and pulled back, and then fell rapidly, and the 4H level almost directly broke through POC violently, and the yellow rising trend line was broken. The long pattern mentioned earlier has been broken, and the short trend has entered. There are quite a lot of long stops below each low point. It is expected that this round of decline will sweep away all these stops, at least falling below the low point of 64.5k. It is still the position between 61.5k and 63k mentioned before, which is worthy of special attention. It overlaps with VAL, 0.618 and the lower edge of a 4H-level gap.
If we switch the channel perspective to the Fibonacci channel, we will focus on the positions of the oblique 0.5 and the oblique 0.618, as well as a small gap near 60k. From the perspective of the time period, it is not impossible to backtest 60k.
From the perspective of the long position, long positions should reduce positions at highs to reduce losses as soon as possible. Long positions that are not in position should wait for long opportunities near 61.5-63k. If there is a chance to test 60k again and support it, this is also a good position to cover positions on the right. The two profit-taking targets of the short position are the same as the long position.
I don’t like to watch the market, and I prefer the left-side trading strategy. The trading strategy is time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~
Since the explosive rise in mid-May, note that the volume of rise and transaction is shrinking. The 4H MACD also seems to have signs of exhaustion. It is worth noting that a parallel top has formed near 0.144.
For bulls, if the parallel top is broken again and there are signs of stabilization after the retracement, it is possible to open a position or continue to increase the position, and the stop loss is placed near 0.144, and the profit and loss ratio is very good.
However, the current volume shrinkage seems to be more friendly to the bears. If the stop loss of the bears is hit above the parallel top and then falls back to below 0.144, you can short at the current price and place the stop loss above the previous high. The profit and loss ratio is very, very good.
I don't like watching the market, I prefer the left-side trading strategy, the trading strategy is time-sensitive, all comments do not constitute any investment advice, I wish you all good luck~
From the 1H level, there are a few points worth noting. A parallel top is formed near 72.1k. You can pay attention to whether there is a parallel bottom at a small level. Considering the box oscillation, from the perspective of the channel, you can pay attention to the bottom of the channel and do short-term longs. The VAL and VAH of the transaction distribution have both had very obvious support, which can be considered as a small-level support and resistance level. POC has fallen again to the 69.2k that has been talked about a lot. As of now, the price is testing support near POC.
From the 4H level, the price seems to have fallen back into the channel and made a false breakout, which is a good thing for the bears. Focus on the vicinity of 66.7k. If it breaks down here in a non-pinning way, the bullish pattern will be broken. Pay attention to the VAL below, which is around 63k. Here, it overlaps the lower edge of the 4H level gap. The price may be covered, and a little bit further down is the 0.618 support. Since a false break at the daily level occurred at 59k, it is more reasonable to make a breakthrough above the previous historical high of 73k.
Therefore, for the bears, the lower edge of the 1H level channel, the breaking position of the bullish pattern and the overlap of the 0.618 gap are all worthy of attention. The stop-profit points are also here. This is also the position where the bulls can consider intervening in the long order in the short and medium term.
I don’t like to watch the market, and prefer the left-side trading strategy. The trading strategy is time-effective. All remarks do not constitute any investment advice. I wish you good luck~
Market review, the price got support at VAL after breaking through the consolidation triangle, the pin rebounded quickly, and then the price slowly approached POC, which seemed to be blocked again, and it is suspected to continue to bottom out. Still pay attention to the potential bullish butterfly.
Violent shorts are shorting at the current price. Note that there is a small gap near 68.3k. Aggressive shorts can try to place orders on the left side here.
For bulls, the best opportunity is still the potential butterfly position. You can focus on each previous low. If there is a false break and recovery, you can do H-level short long.
I don’t like to watch the market, and prefer the left-side trading strategy. The trading strategy is time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~
In review of the market, the price seems to have been fluctuating, narrowing up and down, forming a consolidation triangle. There is a parallel top near 70.7k. The current price is testing at the lower edge of the consolidation triangle. Unless the price continues to rise and destroys the relay pattern, it will fall further here according to general rules.
Violent shorts can go short at the current price, aggressive shorts can enter on the right side after breaking below 67.1k and not retracement, or after breaking the previous low and betting on the price to retrace POC, place a short order on the left side near 67.9k, and conservative shorts can enter on the right side of POC. For bulls, you can rely on the bottom of the consolidation triangle to go long, and the violent bulls can go short at the current price, and stop loss before the low. Other bulls should not participate.
In addition, it is worth mentioning again that around 62.5k, there are many bullish resonance factors, bullish butterfly patterns, 1H level vacancies, and 0.618 retracement levels since below 59k. This is a more reliable entry position for bulls, and it is also the reverse profit target for bears.
I don’t like to watch the market, and I prefer the left-side trading strategy. The trading strategy is time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~
The bullish butterfly of the bulls perfectly overlaps 0.618 #内容挖矿 #BTC☀ $BTC #比特币
Looking back at the market, the price has been pulled back since 59k, hunting the most bullish stop loss, and has been to the upper edge of the channel. After a false breakout, it continued to fall back into the channel. From the perspective of horizontal consolidation, the 59k break should also complete a breakthrough at the previous historical high.
Pay special attention to the potential bullish butterfly, whose position of 1.272 almost perfectly overlaps the 0.618 retracement since the false breakout of 59k, and the area also overlaps the central axis of the channel, about 62.5k.
So for the shorts, the first stop profit position is 62.5k, and the second stop profit position can consider the bottom of the channel. For the bulls, 62.5k is the most suitable position to get on the bus.
I don't like watching the market, I prefer the left-side trading strategy, the trading strategy is time-sensitive, all comments do not constitute any investment advice, I wish you all good luck~
BTC's short-selling opportunity and long-term re-entry opportunity #BTC走势分析 #BTC🔥🔥🔥🔥🔥 $BTC
After falling below the 59k we were thinking about, the price stood back and went through a wave of rising market. It is currently moving towards the upper edge of the channel. At present, the 4H-level MACD has begun to show signs of turning downward. If it reaches the top of the channel and is blocked and forms a divergence, it will be a short-selling opportunity. There is also a deep gartley overlapped here, which is about 69.2k-70.6k, and it also overlaps the upper edge of the channel. Pulling the Fibonacci, the TP1 of the bearish deep gartley is just around the iconic low of 64.6k, 0.5 overlaps the POC, and 0.618 is near the VAL, which seems reasonable.
So for long positions, the target is coming soon. Take appropriate profit above 69.2k. If there is a pullback, pay attention to 64.6k or 63k or 61.5k to continue to increase positions. Violent longs can place long orders on the left side of 63k and 61.5k. Aggressive longs pay attention to the price behavior of these two positions and cut in on the right. Conservative longs wait for the price to fall to the lower edge of the channel again before considering cutting in on the right.
For violent shorts, combined with multiple factors, you can place a ladder short order on the left side between 69.2k-70.6k. Aggressive shorts cut in on the right side of this range. Conservative shorts should not participate. The first stop profit is 64.6k, the second stop profit is 61.5k, and the third stop profit depends on the bottom of the channel.
I don’t like to watch the market, and prefer the left-side trading strategy. The trading strategy is time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~
After a short stay near 59k, the price did not give bears the opportunity to manually stop loss, and it was directly violently pulled up. It now seems to be stepping back on POC. What is interesting is that the VAL in the large market consolidation area coincides with the VAH in the consolidation area since 56.5k. In this large descending channel, there is a suspected cypher, and its formation position is near 70k. There happens to be an untested daily opening price here, and it is an integer, and it is also near the VAH in the large market consolidation area, and it is also near the upper edge of the channel, with multiple confirmation factors.
Therefore, violent bulls can go long at the current price, aggressive bulls can place orders on the left side of the overlap area, that is, near 61.5k, and conservative bulls wait for a retracement to near 59k before cutting in on the right side. The first profit target is the cypher formation position of about 70k.
For shorts, there is no good opportunity at present, and the bulls have just refueled. It is not the time for a head-on confrontation. It is wiser to wait for a short-selling opportunity above 70k.
I don’t like to watch the market, and prefer the left-side trading strategy. The trading strategy is time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~
Is Bitcoin a huge distribution range or a new short trap? The 59k that has been talked about is still the decisive position. #BTC🔥🔥🔥🔥🔥🔥 #ETH $BTC
Market review, the 59k that I have been thinking about has finally been broken. Since this round of decline, the price has been blocked by POC and VAL has been supported for a short time and rebounded but has no power to continue to fall. After breaking the important 59k, it is now struggling again near 59k. Pay attention to several points. First, the channel drawn before can be adjusted. It seems that a larger channel has been obtained, which can also be regarded as a giant bull flag. Second, if the channel is established, the price is now supported and rebounded. There will be a shark expectation. Its formation position just falls on the upper edge of the channel and the time is roughly consistent. Third, pay attention to the suppression and breakthrough of the yellow trend line. Fourth, the funding rate has become negative, and short sellers have begun to gather and gather. Now the price is hovering around 59k again. Beware of short traps.
From the perspective of short sellers, beware of the increasing number of short sellers. The price has already pulled back once after falling below 59k. If it fails to pull back twice, it should quickly break through and leave this vicinity. The longer it stays here, the more disadvantageous it is for short sellers. There has been a second pullback near 59.6k. Short sellers can put the stop loss above 60k, betting that this is the distribution range, and the first stop profit target is 51.5k.
From the perspective of long sellers, it is a good thing that the price has returned to 59k. The longer it stays here, the better. If there is a continuous accumulation of short sellers, the bottom will become a huge short fuel depot, and there is a potential channel bottom for support. You can try to go long by stopping at 56k. The first stop profit target is the top of the channel, and here just coincides with a potential shark expectation. Violent short sellers can go long at the current price, aggressive long sellers can try to hang long on the left near 57.7k, and conservative long sellers can try to go long on the right after a false break of 56.5k and then go long.
I don't like watching the market, I prefer the left-side trading strategy, the trading strategy is time-sensitive, all comments do not constitute any investment advice, I wish you all good luck~
I have been too busy with work recently and have not paid attention to the price trends. I will update them today. Let’s review the market first. It is still the Lafik wave and transaction distribution. We can see that the price rebounded near the 60k integer three times and was blocked near POC twice. It is currently blocked and fell back to near VAL. A few points worth noting are that the price of 69.2k, which has been talked about a lot, has magically fallen again near 0.618 and VAH. It is suspected that a slightly downward channel can be drawn. 59k is also the place where long liquidity gathers as mentioned many times. Three pin tests failed to knock down the long stop loss here. The intersection of 59k and the lower edge of the channel will be a very, very important and critical position.
Market review, the price fell after the pullback to 69.2k, stepped on the vicinity of 66k and rebounded, and now it has returned to 69.2k.
Pay attention to several positions. The POC of the consolidation zone above 69k is about 70k. It has not been tested yet. An upward channel can be drawn on the extreme left side. The overlap position of the upper edge of the channel and the downward trend line of the large time period is worth noting, which is about 70k-70.5k, and there is also a 1H level gap here. The VAH below happens to be the trading concentration area that breaks through the consolidation zone of 69.2k.
From the perspective of bulls, it is very important to stand back to 69.2k, which means that there is a possibility of a daily short trap below. Violent bulls can go long at the current price. If the price falls back below 69.2k, you can try to place a long order on the left near the junction of VAH and the rising channel below, which is about 67.7k. Conservative bulls can enter on the right here with a stop loss of 66k.
From the perspective of bears, it seems not very ideal to stand back to 69.2k, but pay attention to the short-selling opportunities near 70.5k. There is an expectation of filling the gap here, and the downward trend line near the top of the rising channel and the large time period is suppressed. Violent bears can place a ladder short order on the left above 70k, and aggressive bears can place a ladder short order on the left above 70.5k. Conservative bears cut in on the right after a false breakthrough here, and the standard stop loss is above 72k.
I personally don't like watching the market, I prefer left-side trading strategies, trading strategies are time-sensitive, all comments do not constitute any investment advice, I wish you all good luck~
Regarding copying orders, I would like to remind you again that I am a low-frequency trader, I need to have enough patience, and I may open a reverse order. If the total investment amount of copying orders is too small, it is meaningless.
First, pay attention to the ETH/BTC exchange rate. 0.0479 is the iconic previous low, which overlaps with a non-standard bullish butterfly. There is a divergence in MACD at the 4H level. If it can hold around here or knock down the liquidity below 4790 and then recover, ETH will have a period of strength.
Pay attention to the ETH chart at the 1H level. There are several places worth paying attention to. VAL is around 3210 and there are 2 pin tests. If it matches the trend of the ETH/BTC exchange rate, is it possible to fall below it again and then recover? There is a parallel top near 3683 that has been tested many times, and it is about 20 US dollars away from 0.618, but it has not come yet. If this period is regarded as consolidation, there will be an extremely left-side gartley expectation, and its formation position is about 3880, which overlaps with the upper edge of a 1H level gap.
Therefore, if the bullish butterfly of ETH/BTC is established, ETH's gartley is also likely to be formed. You can do a long and then try to do a short.
Violent bulls can place long orders on the left ladder below 3210, aggressive bulls can place long orders on the left near 3155, and conservative bulls can enter long orders on the right after breaking through and recovering near 3210, with a standard stop loss below 3050. I don't like to watch the market, and prefer left-side trading strategies. Trading strategies are time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~
Regarding copying orders, I would like to remind you again that I am a low-frequency trader, I need to have enough patience, and I may open a reverse order. If the total investment amount of copying orders is too small, it is meaningless.
BTC's shorting opportunity and the first stop-profit position for longs are coming soon. #BTC #大盘走势 #跟单 #BTC🔥🔥🔥🔥 $BTC
From the perspective of shorts, it is a bit like a pullback after falling below 69.2k. If it cannot stand back, it means that the shorts have already entered the dominant position. There is another short perspective. A downward trend line can be drawn from the highest point. There is a potential bearish bat just near the downward trend line. Therefore, violent shorts can short at the current price, aggressive shorts can place ladder short orders on the left side of the trend line at about 70.5k, and conservative shorts can cut in on the right side.
From the perspective of bulls, these two positions are short-term profit-taking positions. If the price can retrace to POC about 67.2k and show signs of stabilization, violent bulls can build positions on the right side, aggressive bulls can chase after breaking through the downward trend line, and conservative bulls can intervene after breaking through the trend line. Otherwise, the opportunity for bulls is still to look at 59k.
I don’t like to watch the market, and prefer left-side trading strategies. Trading strategies are time-sensitive. All remarks do not constitute any investment advice. I wish you all good luck~
Regarding copying orders, I would like to remind you again that I am a low-frequency trader and need to have enough patience. I may open a reverse order. If the total investment amount of copying orders is too small, it is meaningless.
Looking back at the trend and pulling up the transaction distribution, we can see that there is an obvious support-resistance swap area around 68k, which can be approximately regarded as the bottom of the box. The VAH of 71.5k is obviously a resistance area, and it has failed to test up to 5 times, so it can be regarded as the top of the box. The box is 1:1 symmetrical. You can see that the bottom of the symmetrical box is approximately close to VAL, so the price will most likely be tested near here, about 64k, and 64k is also an important branch-resistance swap area, with obvious multiples. resonance.
There is also an interesting perspective. Pay attention to 59k again. It is a very standard pin before going low. If the pin here falls below and then withdraws, there will be opportunities to go long. If the trend is expanded from the all-time high to the latest location and then to the highest rebound level, the 1:1 extension level is exactly 59k, and the 1.618 extension level is about 50.5k. This is exactly another triple parallel bottom, and it is the beginning of this bull market. Since then, it has been at the bottom of the 50-53k consolidation zone.
Therefore, from the perspective of shorts, the current heavy volume has fallen below the key 69.2k. The violent shorts can go short at the current price, the aggressive shorts can go short at high levels after the rebound, and the conservative shorts can hang short orders on the left near 69.2k, or pull back on the right. Side cut, standard stop loss 70.5k, violent stop loss 72k, first take profit target 59k, second take profit target 50.5k
From the perspective of bulls, it seems not very optimistic. Long positions should stop losses, reduce positions appropriately on rallies, and pay attention to the potential rebound level near 64-65k. However, the best trading opportunity is still a false breakout near 59k. Get That round of rebound after liquidity.
I personally don’t like to watch the market and prefer left-side trading strategies. Trading strategies are time-sensitive. All comments do not constitute any investment advice. I wish you all good luck~
Regarding my friends who are copying orders, I would like to remind you again that I am a low-frequency trader and need to be patient enough, and I may open reverse orders. It is meaningless if the total amount invested in copying orders is too small.