$BTC I drew a chart in the morning and saw the false breakthrough of the 4-hour trend line of the big cake. In order to distribute high-level chips to retail investors, the main players really took great pains.
The four-hour chart closed at 12 noon and had already gone out of a "head-breaking" decline. Then it also pulled back to the trend line of 96100 without breaking through and continued to fall. Then we will use this trend line as the long-short barrier. As long as the four-hour closing does not break this point, it will continue to fall. If it breaks through, continue to observe. It is not recommended to chase more, because from the four-hour chart, after breaking the trend line, it is currently only a single bottom. In theory, it will step back to form a double bottom structure, and the accumulation of power will be more powerful.
At the daily level, the channel just hit the upper track after moving up. Let's see if the daily line will close with a cross star.
If you like short-term and have time to watch the market, just look at the 15-minute chart. The key support and pressure are nothing more than channels, trend lines, necklines, and left highs. The entity breaks through the pressure and becomes support, and the entity falls below the support and becomes pressure. Draw more and review more, and you don’t need to follow orders. Leave your wallet to others.