Academician of currency circle: On October 17, the pressure of 68400 of Bitcoin is effective and it continues to hold. Can the short-term operation reveal the secret of counterattack?
The current price of Bitcoin is 67700. It is now 8 o'clock in the morning Beijing time. The daily K-line has just closed. It can be seen that the highest point of Bitcoin in 24 hours has reached 68425. Yesterday's real-time idea of 68400 short is still effective. It is currently held. The defense point is 69000. If the market breaks the previous high again, it is likely to reach 69000. You can continue to test the short position. The overall trend of bulls continues, but it has reached the pressure level of the large-scale trend. It is obvious that the pressure level of 68400 is effective, so the layout of the short idea remains unchanged. As long as the previous high is broken and the pressure level is encountered, you can start the layout
Look at the market, the current daily K-line trend, after three consecutive positives, today just opened The EMA trend indicator has not finished stretching after the upward web-like diffusion trend has ended. The EMA15 fast-line trend indicator has reached 64,300 and is still stretching upward. The MACD volume increase has obviously decreased. The DIF and DEA upward diffusion has not completely broken the energy indicator. The Bollinger band upper rail pressure level of 68,100 shows strong pressure. In addition, KDJ is also blocked by the upper pressure level. Therefore, from the overall trend, you can start to arrange short positions. The four-hour K-line has shown three consecutive negatives, falling from 68,400 to around 67,000. Although it has now adjusted back to 67,700, the EMA web-like diffusion stretch The EMA15 trend line has been stretched to 66700. The next support position can refer to 65500. The MACD top divergence has decreased, and DIF and DEA have also begun to shrink. The Bollinger Bands have obviously shrunk in volume, and the upper track has shrunk to 68850. The middle track support has reached 66200. KDJ has formed a dead cross. The overbought has existed for a long time and needs a benign correction. Without a correction, there is no way to continue to stretch effectively. At this time, there is no need to chase the rise and fall. It is wise to wait until the high position to continue to short.
Short-term thinking reference: 68400 short holding, refer to the updated content of the circle of friends for details, the market is not a hundred 100%, so you must set a stop loss, safety first, small loss and big profit is the goal
68000 to 68500 above, short, defense 69000 to cover short, stop loss 500 points, target 67000 to 66000, break to 65500
65500 to 66600 below, long, defense 65500 to cover long, stop loss 500 points, target 67000 to 68000, break to 68500
