$ETH $BTC
The current price of Bitcoin has returned to the vicinity of the 56,000 mark. After the daily line closed at 8 o'clock yesterday morning, part of the 56,000-plus orders were taken out at 58,000. At present, only 2,000 points of space have been pocketed, and the rest will continue to be held, because the market has returned to the 56,000-plus orders that took out the profit and replenished the position. Anyway, remember not to get off the bus all together to prevent missing the opportunity to get on the bus, keep a little bottom position, and eat back and forth so that it is more comfortable. The daily K line returned from the highest point of 58,350 to the 56,000-plus order opening point before publishing. Remember to set a stop loss, and it doesn’t matter if you exit with a small loss.
At present, the daily K-line is at the support level. The magic 9 turns down as soon as it arrives. AMCD shrinks and moves down, but the K-line is still inside the box, just touching the lower track of the Bollinger band. The lower track is supported near 55400. The four-hour K-line currently forms a downward channel. This is the most frightening trend indicator in the current market. Many people look at a single indicator, so it creates illusions. However, the MACD bottom divergence has appeared four golden crosses and four dead crosses in a row to form such a channel. Then the slow decline of this trend is likely to be a fast rise in the end. Anyway, no matter how the market goes, do your own risk control first and leave the rest to time.
Reference for short-term ideas: The market is not 100% so you must set a stop loss. Safety is the first priority. Small losses and big profits are the goals.
Lower 56000 to 55000, long, target 57500 to 58000, break 59500 to 60000, stop loss 500 points
Up 60000 to 60500 short, target 59000 to 58500, break 58000, stop loss 500 points
Specific operations are based on real-time data of the market.
On the road of investment, it is more important to do your best than to prove your strength to others. You will know whether it is a mule or a horse by taking it out for a walk.