$BTC
The 4-trade rise reached 1025 as expected, filling the gap in cme. So is tonight's waterfall a reversal or a callback? How to choose the direction?
The current trend is still rising, but there is a support for the retracement, and the support position is at 998; a dead cross appears at the 4-hour level, indicating that the next 8 hours are bearish, so should I enter the market at 998? I think it is a small long entry, and the stop loss is at 995, no need to be too much! You can also choose to short at 101, and stop loss at 1015. 4 trades rose by 10,000 dollars, so it is normal to adjust it to 3,000 dollars! And the trading volume of this increase is not too much! So it is not impossible to look back at 965-955!
Let's look at the support of 998 first, take profit in batches for short orders, and set a good stop loss for long orders!