The trend of the big cake yesterday was similar to what I expected. There was basically no fluctuation in the morning session, and it moved a little in the evening, oscillating around the small range of 26300-25800. We switched back and forth between long and short positions around the small range, and also took advantage of the trend to eat two waves of points. The trick of double killing of long and short positions was staged again.
Yao Ge said before that 25200 has become the last line of defense for bulls. If it continues to fall below, there is a high probability that it will continue to fall. The pressure level of the upper small range is temporarily placed at 26300 and 26700, these two key positions. If the rebound is weak, we can continue to be bearish.
Judging from the four-hour candlestick chart, the Bollinger Bands are shrinking and running in parallel, which is basically the same as yesterday's trend. MACD bulls are shrinking and are currently hovering between the middle and upper tracks. If it continues to fall below the middle track, it is likely to continue to fall!
Looking at the hourly candle chart, similarly, the Bollinger Bands are moving in parallel, and the currency price touches the upper track and is under pressure to retreat. There are signs of a false break of the upper track, but the rebound strength of the bullish energy is obviously insufficient, and the three lines of KDJ are downward. Within a small range, we still maintain the idea of going with the trend.
Today's operation suggestions
Big pie short at 26100-26300, target at 25600-25800, defense at 26700.
The specific operation shall be subject to the actual situation.
The operation is for reference only, please act with caution!
The above views only represent personal views.
The timeliness of the article is delayed.
Investment must be done with caution, welcome to consult! #BTC #ETH $BTC $ETH
