At midnight, there was a trend of recovery and decline, but it still failed to stabilize at a low level and continued to accumulate momentum. The rhythm still maintained the rising demand after the dive. From the four-hour level of the technical structure: the operating channel remained open and the price decline was not recovered. It can maintain a weak continuation. The moving average moves downward and then detours. The repair and upward movement are continued to a certain extent. The small cycle pattern is blocked by breaking up and down, and there is further demand for the upward movement.
In the one-hour level line, after the running channel opens downward, the volume can not be physically promoted. The price test is blocked and forms a recovery upward. The moving average shows a gentle rise. There is no break in the short-term rhythm and the recovery is obviously continued. The short volume can shrink significantly. There are certain signs of a bullish trend. Regarding the next step, I am personally optimistic about a continuation of the shock recovery and upward trend. We can just keep the pace low and long on the weekend.
Personal suggestion on the Bitcoin Operation Exhibition: Go long near the aggressive 42000, enter the market with long orders in the stable 41750-41650 area, target 43000, see 43500 if the position is broken, and backhand if 43000 is not broken.
Investment is risky, so you need to be cautious when entering the market. If your trading does not go well, your position will shrink. Loss and profit are normal. It is not uncommon for Hangqing to have a roller coaster every day. I think a good analyst can only survive if he pays attention to risks. We have limited capital and unlimited market opportunities to reasonably reduce losses in the long term. If you feel confused about the market outlook, you might as well come to Zhanxuan to hold a group and keep warm. As long as you strictly follow the instructions, we will definitely help you get ashore! #BTC #ETH #ai #BONK