LIVEThe market is moving very slowly, pay attention to the 4-hour short structure to enter the market on the right
Shared in the evening of 2024/5/7:
BTC market analysis: The current position has been trading for a day, and there is a bottom structure in 15 minutes. The target position has not been reached, but the larger level of 4-hour K-line that has closed is not suitable for any long or short behavior, that is, the left side does not have the conditions for entry. Subjectively, it is bearish. Whether it is a 15-minute long structure that breaks through or rebounds to form a 4-hour short structure remains to be confirmed. Trading opportunities: The possible 4-hour short structure mentioned last night needs to pay attention to the break of 62655. If it breaks this position without breaking yesterday's high, enter the market on the right side, stop loss at today's high point, lock in profits and look at the target position of 598, and keep the position to bet on the continuation of the short position of the daily line. If the market comes out later, I will follow up in time.
pepe market analysis: The previous sharing is very clear. It is still in the selling zone. There is no bottom structure above the hour. The market is very weak. Pay attention to the short structure and consider entering the market on the right. Trading opportunities: Do not chase long in the selling zone. Pay attention to the short structure on the right side.
Recently, the small level (4 hours and below) has been moving slowly. There are many things in life recently. It is difficult to keep up with the structure of the smaller level (15 minutes). I will gradually improve it in the future. I may post a video to make it easier to understand.
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