BTC
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Weekly close tomorrow
This week's weekly and daily lines have been talking about short positions this week
The daily line closed with a cross line. If it wants to strengthen, the daily line of Bitcoin tomorrow must at least close above 5.55
Current day:
1. 5.38 is used as a defense. If it breaks through 5.49, the target of 5.55 can be seen [This is the expectation of 5.25 as the starting point of the rebound, but the market is too weak. Before the long and short trends have changed, short-term orders are often moved with stop losses. Players with basic skills can do it]
2. Stay in the position to trade. When the rebound is 5.55, 5.7, 5.85, 5.95, and 6.1, it is time to short positions
3. It's the weekend. You can follow the idea of doji line to make a pregnant line. First, do it in the 5.38-5.48 range, follow the breakthrough direction, especially the trend direction.
4. The short-term trend is also bearish, and do trading with the trend
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Cyclic view:
1. The daily line has not yet reached the bottom, but from here on, there is no rebound, no shorting, no breaking, no shorting.
2.5W 4.5 4.2 These positions are closed.
3. The daily line descending channel remains unchanged, and the lower edge of the channel is around 5.15. You can continue to focus on it. The lower edge of the channel allows for rebounds.
