Yesterday, the price of $BTC mainly maintained in the range of 61000-60000, in the daytime trading session, a buy strategy of 60000-60500 was issued, and in the evening, a sell strategy of 60800-61000 was issued, which is completely in line with the market trend.
Fluctuation in the waiting for a breakout, upcoming non-agricultural dataTechnically, after four consecutive days of decline, this morning there was a bullish candle, this candle is like a shooting star, the cryptocurrency price has not broken out of the low, the KDJ has died down and now the J line has begun to slow down, the MACD has also crossed down and dispersed, the trading volume has gradually increased, the overall signal is still bearish, but the strength is somewhat slowing down!
Looking at the four-hour time frame, BTC is falling, the highs are continuously falling, the three lines of Bollinger Bands are going down, but the sellers are still dominant! So today, I think we should mainly sell at highs, pay attention to the resistance levels at 61800, 62500 and 63000, the support levels at 59800 and 59200.
Recommended strategy: buy orders near 60500-60000, target look at 61400, if broken then aim at 62000-62400!
Wish you all successful trading
