Market analysis on July 21
The overnight BTC high is conducive to the formation of trend signals. I also said yesterday morning that it is best to have a new high. Maybe some people did not understand it at that time. Now I will explain it.
1: The current lifeline is closer to the market price. In other words, it is easier to form a trend signal.
2: The price of this lifeline is higher. Once a new trend high is formed at this position, it is safe and has a large profit margin.
3: Last night's new high also brought the price into the deep water area expected before, which is more reasonable.
Good trend signals must be waited out. In the trading market, it is useless to be anxious. Good signals must be waited out. Be patient. When the trend signal appears, it is not too late to enter the market.
BTC: Four-hour bull lifeline position 66160
It would be more perfect if ETH could signal again today..
