Breaking the edge! Bitcoin technically corrects, where should investors go? Where are the opportunities for bulls in the latest interpretation of the 7.24 academician of the currency circle?
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Bitcoin's market was relatively weak yesterday. The daily K-line fell below the previous low. As of press time, the highest was around 67,800 and the lowest was around 65,400. It is currently near the key support point of 65,000 for bulls. The support point of the EMA15 trend indicator has reached 64,000. The overall trend is bullish, and it cannot stop the technical correction. KDJ spreads downward to form a dead cross. After the Bollinger Bands open and diverge, the daily K-line falls back. Pay attention to the middle track support point of 61,500. MACD volume decreases, DIF and DEA end the polarization and begin to shrink. After the four-hour K-line falls below EMA30, the fast and slow indicators begin to shrink, KDJ spreads downward, and the Bollinger Bands also begin to open downward. The K-line falls below the lower track of the Bollinger Bands at 65,800 support. MACD shrinks downward. DIF and DEA begin to approach the 0 axis. Whether the top divergence can be ended depends on the support point near 65,000. Is it strong enough? It is recommended to go short at the upper pressure level.
Short-term ideas:
Short at 67000 to 67500 above, stop loss 500 points, exit target at 66000 to 65000 (assuming that the market changes suddenly, you should exit with empty positions and wait and see, so take profits first, safety first)
Lots at 63300 to 63600 below, defense 62500 to 62300 to cover long positions, target around 64500, break at 65000, stop loss 400 points,
Specific operations are based on real-time data of the market. For more information, please contact the author. There is a delay in the release of the article. The suggestion is for reference only and the risk is borne by the user. $BTC
