Academician of currency circle: Bitcoin retracement on October 8th does not break, golden opportunity to continue holding! Let us witness it together! Latest market analysis reference
Bitcoin is currently priced at 63600, the daily K-line is as high as 64500, and the lowest is 62650. It is now 2 am Beijing time. Yesterday's article also said this time, directly saying that if the neckline is not broken, long positions can be added. As long as the neckline is not broken, long positions can be held all the time. Don't think about taking profits at the highest point, only take profits at the retracement point. Only in this way can you develop a habit to survive in this circle for a long time. Although we have a lot of layouts at the 60000 mark, there are also people who get on the train at 61500, 62500 and 63000. No matter where Before getting on board, be rational and take precautions
Looking at the market, the current daily K-line trend has broken the 6330 pressure level, and has been stretching after standing on the EMA15 trend support point of 62550. MACD has shown a top divergence trend with shrinking volume and increasing funds. DIF and DEA failed to impact the 0 axis line from high positions. The bulls won, and the Bollinger Bands shrank. The upper track focuses on 66300, and the middle track pressure becomes support at 63200. The KDJ golden cross trend is formed. The overall trend is still bullish, so you can get on board after stepping back to the key support point of 63000. Be defensive and leave the rest to time
Four The hourly K-line enters the rising channel, and the EMA15 support point reaches 62800. The key support can continue to look down to 62500 and the vacuum zone below. As long as the general trend remains unchanged, you can get on the train after stepping back. MACD increases in volume and moves upward. DIF and DEA end the polarization and enter above the 0 axis after the market breaks 63500. The K-line consciousness spreads upward around the upper track 63750 without tie. The middle track focuses on the key pressure level of 62500. The thinking is still mainly to step back and go short.
Short-term thinking reference: The market is not 100%, so you must bring a stop loss safety The goal is to be the first in the market with small losses and big profits
Short at 65000 to 65500 above, short at 66000 to 66400, target at 64000 to 63500, break at 63000 to 62500, stop loss 500 points
Long at 62000 to 62500 below, long at 61200 to 61500, target at 63000 to 63500, break at 64000 to 64500, stop loss 500 points
Here, I wish my fans to achieve financial freedom in 2024, let's cheer together!
