Academician of the Coin Circle: On November 30, Bitcoin entered the stage of boiling frogs in warm water. How to deal with it?
I am an academician of the Coin Circle, a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on!
The current price of Bitcoin is 97,300. It is 3:50 am Beijing time. Let’s review it first. Yesterday, 97,500 was deployed for short positions, and 98,200 was defended for short positions. The stop loss was 500 points. I was almost swept out. Fortunately, the pressure position was strong enough. The article mentioned the teacup shape yesterday. Many people don’t know that there is a flag shape at the mouth of the cup. The pressure position of this flag shape is just near the highest point of the daily K-line at 98,500. The neckline has been confirmed at 97,000. Short positions cannot be held for a long time. Pay attention to whether the position below 95,500 can be held, and then decide whether to take the bag. What should we do next?
Currently, the daily K-line is at a high of 98620 and a low of 95350. The main force is still moving upward to hit 99,000. The EMA15 trend indicator support has stretched to 93000, and even the large-level support has reached 87300. The overall large-level trend is still bullish, MACD is shrinking and increasing, the market top divergence remains unchanged, DIF and DEA spread downward, the Bollinger Bands shrink, the top pressure level has reached 101500, and the middle track support is 92500. KDJ is about to form a golden cross
The four-hour K-line encounters obvious resistance above, pay attention to the pressure of 98000, the EMA trend shrinks, and it is expected that the kinetic energy of the K-line to step back on the EMA15 support is very strong, pay attention to the 96000 trend support point, MACD volume is not strong, DIF and DEA have just rushed to the 0 axis, from the overall trend, there are signs of stepping back above, pay attention to the 96000 support If there is effective support, you can choose it as the first entry point to test the position. The idea is to follow the large-scale trend and do it in the long position. The retracement of the support is mainly for the support, and the high position is for the short position. All the retracements in the bullish trend are treated as inducements to short.
Short-term thinking reference: The market is not 100%, so you must set a stop loss. Safety first, small losses and big profits are the goal.
Short at 98000 to 98500, defense 99000 to 995 00, stop loss 500 points, target 97000 to 96000, break 95000 to 94000
Below 94500 to 95000, defense 92500 to 93000, stop loss 500 points, target 96000 to 97000, break 98000 to 98500
