Hello everyone, I am Guitar. I haven't analyzed $BTC in the past few days because there are not very good conditions for opening orders. There is no large-scale retracement confirmation for chasing long positions. If you are shorting, MACD is still increasing. There are many friends who trust me. I don't open orders myself so I won't share them randomly. We are comrades-in-arms fighting against the financial market together. We make money together and bear the losses together. Okay, no more nonsense, let's get to the point
1. First of all, from the four-hour candlestick chart (p1), the MACD column continues to increase in volume, and no divergence has occurred yet. Obviously, it is inappropriate to intervene in short orders through 4 hours.
2. Since we can’t find the conditions for opening an order at the large level, we can observe the 15-minute level K-line, as shown in Figure (p2). You can see that a long lower lead is drawn at the 15-minute level. Then we can use the Fibonacci tool to connect the high point and the low point. If there is a second peak here, then 75,000 will be the next round of pressure. If it does not fall below the previous low, we can also consider the current 71,800 to seek a second peak.
Summary: There are no conditions for opening orders at the four-hour level. If the 15-minute level does not break the previous low, it can seek a second round of top exploration at 75,000. Friends who want to short can also hang a thin defense near 75,000 to seek the top.
The above is my personal opinion and is for reference only. It is not easy to analyze. Welcome to follow and leave a message for discussion. I wish all bosses good fortune.
