First of all, BTC at the monthly level closed with a cross star last month. If this cross star does not fall back to the right level, it may fall back to 53,000 this month. So at this point, we can continue to wait for it to go up first, and then we will go short when it goes up, and go long when it goes down. Then, if it falls back to 63,500-63,700, we can go long here. Why do we say that we can go long? Because the moving average is far away from this position, there will be a rebound here, but the rebound cannot be that high. If it rebounds, it will be about 65, 100 at most, and then we can continue to open shorts and look down.
Today, we also give you two support levels.
If it is above, go short at around 65, 200, and the stop loss is set at 66,000. For long orders below, we should place long orders between 63,500 and 63,700, and set the stop loss at 63,000. If these two positions are broken, for example, the lower position is lost, then we will look at the next support, and the other support is at the integer position of 60,000. It is impossible to keep falling all the way, at least it will fall a little, and it will rebound.
For now, if the stop loss is 700 points and these two positions are broken, then we will not place orders. Wait and see first, then choose a bold position to see if it can reach the position of 53,000, and then place a long order at this place😀
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