2024.4.2 Veteran currency academicians reveal the secrets: Today’s Bitcoin trend teaches you how to follow the trend and seize opportunities
Let’s take a look at the Bitcoin market yesterday. Yesterday, academicians in the currency circle placed a short position of 71,000, and the target was 69,000 to win a 2,000-point high. The only flaw was that the backhand was long in the layout of 69,000 and was finally stopped at 68,500. This wave really blew up. Yesterday afternoon, it was empty. After breaking the support of 69,000, it stretched past the 70,000 mark, and bulls were looking prosperous. However, the market reversed. After the opening of the US market, the three major stock indexes collectively dived, falling below the support at more than ten o'clock, and reaching 68,500 at eleven o'clock. Stop loss point, the gap below opens, and a vacuum period appears (mainly wait and see, waiting for opportunities)
Looking at today’s market, the current trend has turned bearish. As of press time, the current price of the market is around 69250, which is exactly the lowest support point yesterday. The K line fell into the EMA trend indicator and is expected to hit the lower EMA15 support of 68800 and the next trend support point of EMA30. The support point is 66500, the Bollinger Band pressure support begins to shrink, the K-line middle track moves down to around 68100, MACD shrinks downward, DIF and DEA high roller coasters spread downward, KDJ alternately forms downwards, the short-term trend is obvious, short-term advice is to follow the trend and go short. You can grab some good profits. Remember to bring a good stop profit and stop loss, so that you can be safe.
The current market price of the four-hour ultra-short trend is weak, and the EMA has begun to spread downward alternately. The lower support point focuses on the 68,000 integer mark, and the lower Bollinger Band support point is 68,500. It is expected that after the MACD shrinks and goes downward, DIF will fall below the 0 axis. Entering a bearish situation, KDJ fails to close and continues to spread downwards. The overall trend is bearish. Bulls need to operate with caution and pay more attention to market changes.
Idea reference: The first entry point for shorting is 69700, the second entry point is 70700, and the stop loss point for shorting is 71500. The specific long thinking is based on the real-time data of the market, and no reference is provided for the time being. The space below is too large and professional advice is recommended. It is safer to leave the matter to professionals to arrange. For the time being, it is mainly empty. The specific operation is mainly based on the real-time data of the handicap. For more information and details, please contact the author. There is a delay in publishing the article. It is recommended for reference only and at your own risk.
This article is exclusively contributed by academicians of the currency circle and represents only the academicians’ exclusive views. He has in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of publishing the article, the above opinions and suggestions are not real-time and are for reference only. Please bear the risk at your own risk. Please indicate the source when reprinting and make reasonable orders. Control your positions well and never operate with a heavy position or a full position.The academician also hopes that all investors will understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should be obtained fly away. There is no need to be smarter than the market in investing. When the trend comes, respond to it and follow it; when there is no trend, watch it and stay calm. It’s not too late to wait until the trend finally becomes clear before taking action. Tomorrow's success comes from today's choices. God rewards diligence, integrity rewards kindness, humanity rewards sincerity, business ethics rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are all inadvertent. Develop the habit of strictly taking a stop loss and a stop profit on every order. Academicians of the currency circle wish you a happy investment!
