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Air Force Emergency Assembly to Welcome Ten Thousand Points Waterfall
$BTC has been hovering at a high position recently, with key resistance at 91700 and 92700. Therefore, the current price of 91000 is still in a rather awkward position, and both long and short positions are not highly recommended. We can place short orders near the upper range of 91700-92700 and wait for another test. It is important to note that, as shown in the figure below, we need to break through the key support level of 89700. Only by effectively breaking below this key position can the air force see real hope.
From the market's perspective, there are certain rebound signs at a lower level. The KDJ on the hourly level has formed a golden cross and is expanding upwards, and the RSI9 moving average shows some upward turning signs. From the perspective of larger indicators, there have been continuous severe overbought signs. In the daily chart, the MACD green energy bar is operating above the zero axis with reduced volume, so this position is not suitable for directly going short; we still need to wait for a test of the upper resistance level before considering short orders. We will continue to hold the short position on Bitcoin at 92300.
Short order strategy suggestion:
Enter short positions on Bitcoin at 91700-92700, defend at 93000, target 90700-90000-89700, reach the first target to reduce positions and ensure breakeven before continuing to look down. After effectively breaking below 89700, we can continue to hold the short position. The above is purely personal opinion, please consider carefully #币安矿池FB联合挖矿
$BTC has been hovering at a high position recently, with key resistance at 91700 and 92700. Therefore, the current price of 91000 is still in a rather awkward position, and both long and short positions are not highly recommended. We can place short orders near the upper range of 91700-92700 and wait for another test. It is important to note that, as shown in the figure below, we need to break through the key support level of 89700. Only by effectively breaking below this key position can the air force see real hope.
From the market's perspective, there are certain rebound signs at a lower level. The KDJ on the hourly level has formed a golden cross and is expanding upwards, and the RSI9 moving average shows some upward turning signs. From the perspective of larger indicators, there have been continuous severe overbought signs. In the daily chart, the MACD green energy bar is operating above the zero axis with reduced volume, so this position is not suitable for directly going short; we still need to wait for a test of the upper resistance level before considering short orders. We will continue to hold the short position on Bitcoin at 92300.
Short order strategy suggestion:
Enter short positions on Bitcoin at 91700-92700, defend at 93000, target 90700-90000-89700, reach the first target to reduce positions and ensure breakeven before continuing to look down. After effectively breaking below 89700, we can continue to hold the short position. The above is purely personal opinion, please consider carefully #币安矿池FB联合挖矿
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
93,228.02
+1.67%
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