2024.9.13.BTC, intraday market analysis

Good afternoon, brothers, this market is sideways around 58000 and does not move. There is a resistance level of 58500 above, and it cannot go up after several breakthroughs. There is a support of 57700 below, and it has been quickly recovered after several explorations. It is difficult to distinguish between long and short positions. Brothers, don’t guess the long and short positions in this range, and wait for the market to give a clear signal. Let me tell you about today’s operation ideas

1: Today’s important change cycle is in four hours, that is, 57722. As long as the four-hour closing line does not fall below 57722, the four-hour line is still on the long side, and the goal will continue to hit the resistance level of 58500. This wave of market must break through 58500 in one hour before it can go up. Remember that it is a closing breakthrough, not a pin breakthrough. Once the closing line Breakthrough, the target is still 59188.59762,

2: If the four-hour closing line falls below 57722, then this wave of rise will end, and there will be a second wave of daily line exploration, the target: 56673.56168.5517 three positions,

3: Whether it breaks through 58500 or falls below 57722, I will give you a reference value, which is the two-hour support of 58000. Make a judgment based on the two-hour closing line

At present, the overall trend is weak, one hour and two hours are on the short side, don't chase high easily, secondly, the cost performance is not high, and the risk is high,

Only with clear thinking and clear direction can you know what's going on. If you are still not clear about the daily market trend, you can pay attention to my daily update of intraday strategies, market analysis and precise points #BTC☀️