The decline of #BTC☀ has come to an end, and the market will usher in horizontal fluctuations🎢
The next trend is to make both long and short profits in the right direction, and stop losses repeatedly in the wrong direction❗️
The opportunity is right in front of you, and it depends on whether you can grasp it. The low point of BTC's current decline has dropped to 533. This position is at the top of the rising relay in the previous round of 430-738 rising trend. This decline also gained support from the large volume at this line.
As for some people who look at the next section after a decline, it is actually groundless and unreasonable. I think that according to the K-line trend structure and the trading volume structure, the 533 line has a strong support effect, and the market needs to use horizontal fluctuations to digest the emotional inertia brought about by this round of decline. Therefore, in order to achieve unity of knowledge and action, we should deal with the oscillating trend with high altitude and low volume in terms of operation. BTC is currently in a downward trend in the short term. You can wait for a rebound to open a short position. Our current positions are as follows
BTC: 57400-57550 to open a short position
Set a corresponding stop loss
Take profit near the previous low point
