Absolutely amazing! The latest Bitcoin market analysis by the 5.20 coin circle academician subverts the market. I wish you all to open up your golden treasure. Must read!
Yesterday was May 19th. I didn't open any orders, but I also said hello to everyone in the circle of friends, because I was among those who were harvested on May 19, 21. The past events are still vivid in my mind. I said that nothing would happen on this day, just an ordinary weekend, but every time this day comes, I always think of the scene of that time. After all, as old people in the currency circle, we should be in awe of the market, be wary of unknown things, and keep faith. Let's meet on the top of the mountain together. Come on. Let's look at today's market. As of more than two o'clock in the morning before the release, the current price of Bitcoin is around 66,600. I said earlier that the market will not always go unilaterally, and development must be healthy. The consolidation after the unilateralism is definitely accompanied by a digestive callback. The daily K-line has been blocked for three consecutive days. At present, the daily K-line has closed with a relatively long upper shadow line, falling from 67,800 to the current 66,600. The EMA trend indicator is stretching upward, and EMA15 is still in the process of stretching and has not slowed down. According to the current trend, if you want to provide an effective standing point for the K-line, you must stretch to at least 6 5000 or so will trigger a rebound. MACD was blocked at 67800 and then began to decline in volume. DIF and DEA are still spreading upward. This wave of polarization has not ended, indicating that the K-line correction and consolidation has not ended. The daily K-line has been active on the upper track of the Bollinger Band for five consecutive days. The upward diffusion of KDJ is blocked, and the trend has a correction. There is a wave of space for short-term shorts to grab. Conservatives can wait for the decline to stabilize before arranging more.
The four-hour K-line correction is more obvious, and the ascending triangle has a wave of inducement to long at 6750 0 pressure broke and pulled back. Many retail investors chased more in the market, but the main force began to sell. The four-hour K-line has fallen below the EMA15 support point of 66700. The next trend support point is around 64700. MACD shrinks and moves downward. DIF and DEA spread downward from high positions to open up. After the Bollinger Bands close, the K-line falls below the middle track of 66600. The lower track support focuses on 65300. KDJ opens downward and dives in a trend of short selling. It is recommended to sell short if the pullback does not break the pressure.
The specific reference ideas are as follows:
The entry point for short selling is 67000 to 67200, and the exit point refers to 66500 and 66000. If it breaks, it will see support in the range of 65300 to 64700, with a stop loss of 400 points.
The entry point for long selling refers to 65000 to 65300 to start the layout, and the defense is 64500 to 64700 to cover more positions, with a stop loss of 400 points. The exit point refers to the range of 66000 to 66300, and the second exit point refers to the range of 67000 to 67400. The current market data shows that the momentum of breaking the previous high in the short term is insufficient and it is expected to consolidate and wash the market back and forth at a high level. It is recommended to lock in profits.
The specific operation ideas are based on the market data. For more information and details, please contact the author. There is a delay in the release of the article. The suggestions are for reference only and at your own risk.
As a senior person in the currency circle, I have been committed to providing you with useful suggestions. I hope you can avoid detours and mistakes in this market. Although I have been trying my best to persuade you, you still need to explore the road of investment by yourself. Learning is endless, and the experience you have learned is the real wealth!
There is no need to over-expose your strength. The key is to get more people's recognition. On the road of investment, it is more important to do your best than to prove your strength to others. You will know whether it is a mule or a horse by taking it out for a walk.
I am an academician of the currency circle and a warrior who strives to protect leeks. I wish my fans to achieve financial freedom in 2024. Come on!
