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Daily analysis of the cryptocurrency market (12.31)
Summary:
Last night, I talked about whether the bitcoin price would have a false break and then recover. As expected, it hit the long stop loss of the parallel bottom of 92200, and now it has returned to the top. Last night, accompanied by a 1-hour long positive line, the market structure changed. This morning, it stepped back to the 91500 line again. It did not break, and it is still a long position. The rebound target of 99500 remains unchanged. The short-term bullish trend is still bearish in the next two days.
Operation:
$BTC , long at 91500-90500, stop loss 89000, take profit 99500
$BTC , short at 98500-100000, stop loss 102000, take profit 89000
Summary:
Last night, I talked about whether the bitcoin price would have a false break and then recover. As expected, it hit the long stop loss of the parallel bottom of 92200, and now it has returned to the top. Last night, accompanied by a 1-hour long positive line, the market structure changed. This morning, it stepped back to the 91500 line again. It did not break, and it is still a long position. The rebound target of 99500 remains unchanged. The short-term bullish trend is still bearish in the next two days.
Operation:
$BTC , long at 91500-90500, stop loss 89000, take profit 99500
$BTC , short at 98500-100000, stop loss 102000, take profit 89000
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BTC
106,660.16
+3.63%
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