#BTC☀
Bitcoin current price 72550, it is now 10:15 Beijing time. Last night after the big coin stretched, my suggestion to the students in the actual warehouse was to short at 72000, defending a top-up short at 73000. Currently holding, this time the position layout is very light, so I did not choose to set a stop loss 500 points above, but adjusted the position, continuously pulling up the average price. For that kind of long-term strategy, the reason is simple: there is no need to hesitate when shorting at major level pressure points. Once entering the hunting zone, there is no need to hesitate, decisive action. The real-time records are available in the friend circle for everyone to refer to.
Looking at the daily K-line, the highest is 73620, the lowest is 69760. The EMA trend indicator is expanding upwards, with the EMA15 support point reaching 67750. It is not over yet and will continue to stretch upwards to provide support for the K-line. The short-term resistance above is very clear, already at the major level neck line of 73000. The short remains effective, continue to hold. MACD volume increases, DIF and DEA expand at high levels, the Bollinger Band expands upwards and breaks the upper track pressure point at 72100. No matter how it stretches, it will eventually pull back to the inside of the Bollinger channel. The mid-track support is still stretching upwards, paying attention to the integer support point of 68000.
The four-hour K-line shows a bearish indicator, forming an inverted hammer. The main force has a clear sign of pulling up to sell off. The EMA15 trend support has reached 70300, which can be noted. MACD volume hits resistance and starts to decrease, and DIF and DEA high-level expansion face resistance at 73500. The Bollinger Band spreads and the upper track pressure point is at 73000, mid-track support is at 69150. The market has entered the overbought area and a reversal is likely to occur. KDJ forms a death cross at high levels, holding the short position, maintaining the same thinking of shorting at the pressure point, and the important support to watch is the integer level of 70000.
Short-term strategy reference: The market is never 100% certain, so be sure to have a stop loss. Safety first, small losses and big gains is the goal.
Short above 72500 to 73000, defend 74000 to top up short, stop loss at 74500, target looking at 71500 to 70500, break point looking at 69500.
Long below 69000 to 69500, defend 68500 to top up long, stop loss 500 points, target looking at 70000 to 71000, break point looking at 72000.
