Yesterday, the big cake continued to fluctuate in the morning. At 3:00 a.m., it quickly plunged to around 29,000, but did not stabilize and rebounded to around 29,200. There was no opportunity for you to operate during the day, and when you woke up, you were at the entry point again! But we are not afraid of retracement, and we will continue to treat it flexibly with a low-multiple mindset!
Combined with the current technical chart, the short energy is gradually weakening, the long energy is beginning to release, the bottom support is still valid, we just need to wait for a breakthrough! Pay attention to the suppression of 29500 during the day, if it is not broken, it may fall back!
From the four-hour candlestick structure chart, the price of the currency rebounded quickly after breaking the lower track, and is now approaching the middle track. The Bollinger band opening has become larger, and the KDJ below has also begun to rise. The short-term is still in the bottoming stage.
Judging from the hourly candle structure chart, short energy began to convert into long energy, the golden cross trend began to emerge, the three lines of KDJ also rose, and the currency price began to rebound from the lower track to the middle track.
Today's operation suggestions
Bitcoin is directly long near 29200, and the target is 29600-29800. Either it will fall back from high altitude, or it will rebound from low altitude!
The idea of aunt can be entered simultaneously, looking at 1855-1870
The market is always right. Don’t try to reason with the market. The market is never subject to personal will. The market conditions are always current. Before the trend changes, you should continue to be bullish to the end!