Bitcoin has been rising for six consecutive days, the Bollinger band has expanded, the coin price is running below the upper Bollinger band, the three-line KDJ at the high position is basically in a sticky state, the two-line KDJ is also at the high position, the trading volume is slightly down, the big trend on the daily chart has not been broken! But beware of pulling the price to sell!
Looking at the four-hour frame, the Bollinger band is slightly open, this morning there is a pin bar candle, the price increase this morning has led to the KDJ forming a dead cross and turning up to form a golden cross, the MACD dead cross is pointing down, the trading volume index is quite weak. In summary, the coin price is making lower and lower peaks, this morning it tested 64000 and then fell, initially forming a two-candle pin bar structure, Pressure above pay attention to previous peaks 64200 and 65000, support below pay attention to 62500 and 62000, if it breaks strongly then consider the 61000 area!
Recommended strategy: short sell orders from 63700-64000, target look at the 63000-62500 area, if it breaks then keep the order look at the 62000 area
Wish you all a successful new week
