BTC daytime view at 13:05 pm Beijing time on November 7th
If Trump is elected as president, BTC will not be expected to top, but the pullback will be bullish.
First of all, a big positive bar was harvested on the daily line, the boll showed an opening shape, the price was on the upper track, and the MACD indicator increased its volume to form a golden cross, and it was still doubtful about the subsequent market trend. However, judging from the four-hour K-line, the short-term market will have a callback demand. It is normal to have a callback demand after continuing to break new highs. You can understand it as reversing the trend to pick up people, at least when it destroys the overall bullish box shape. I don’t want to look at Kun. Currently, I don’t know the resistance at the top (I can only look at the integer mark). The support below is 74200-73600-72800.
Then in terms of operation, I will enter the bullish order near the first support of 74200, and stop the loss near 73600. The target will be 75500 first, and continue to look for new highs if it breaks through. Many people will think this position is too high, but the more the retracement, the less likely it is to place the bullish order. I mentioned the reason before entering the market, and if it can reach around 73600, I will choose to stop the loss directly and go to a lower level before taking the position. There is no need to hold the order.
In addition, the market is betting on a 25 basis point interest rate cut at the Federal Reserve's interest rate meeting at 3 a.m. tonight. If true, it would be a good thing.
Yundao's daily thinking is mainly short-term, and the medium and long-term is mainly Shipan. The market is changing rapidly, so we should pay attention to risk control. #美国大选后涨或跌? #BTC创历史新高