BTC4 hour cycle

The most important thing for many friends is whether they are free now? Has BTC reached its peak?

1. Has the current trend started from 38555$ reached its peak?

Let me briefly talk to you, this is a 4-hour trend. It has not reached the top, so short sellers should be cautious.

2. The price has gone through the small section A and started to move towards the first central big A, broke through the convergence triangle, and started to move towards the section b. The section b is too strong.

b>a, some friends will ask whether there is one center or two centers on b. That is a sign that the trend is about to end.

Thinking b-b was segment c, I wanted to go short at the top, but ended up being trapped.

My hard-earned money was used as a wedding dress, it’s not worth it. Obviously, b-A is not on the same level as the previous big A. What is currently going is b-b.

You must know that b-b has the highest winning rate, it will at least break the previous high.

3. Well, attentive friends will ask, isn’t MACD diverging from the top? It’s going to fall. is that so?

It only strengthens the strength against the trend, and does not show lack of strength along the trend. Will it definitely reverse if it goes against the trend? Could it just be a simple callback?

Moreover, this wave of BTC's rise is too strong. It replaces the callback with a channel-like rise and breaks through upward, which is the current b-b.

However, what is certain is that channel + rapidity will often cause energy exhaustion, and a new channel will be entered again within 5 K lines.

If it develops into a trading range, the trading range must fall? Not necessarily, it may develop into a larger upward trend.

Therefore, it is not comfortable to go long when you are short the winning rate now. Don’t hit the top in the bull market.

Don't dip into a bear market either. Especially when making contracts, stopping losses, and liquidating positions can be very uncomfortable.

If you are obsessed with trading, you will often get trapped and your position will be liquidated easily. Money earned by luck is often lost by strength.