💹✅#BTC

4H, left picture, BTC rebounded yesterday, and walked out of the 4H section, but did not touch the lower track of the same level center, and was still in the third sell position. Many people began to shout that the bull market would return quickly, but technically it has not broken the short structure. The current trend of the departure section is too strong, and it is difficult to reverse through a 4H trend. If I have not cleared the position at MA120, this third sell will be my last remedial clearance point.

1H, right picture, you can see that the current upward trend structure is not completed, and it is moving in a quasi-trend structure. There is still a divergence departure section to form a quasi-trend divergence. At present, at this level, you can look for opportunities to buy three more.

Trading suggestions: The small-level 1H structure is more, and you can look for opportunities to go long, but it must be handled as a counter-trend order, using a large-level buy point + a secondary-level sell point trading combination. The large level is still in the third sell position, and before it breaks through, it still maintains a short structure.

In terms of spot, this is far from the all-in opportunity that many KOLs call for a quick return to the bull market. For a large-scale bottom-picking opportunity, either buy at the first large-scale bottom divergence, or wait for the second large-scale bottom divergence if there is no divergence. If there is no divergence, you can only wait and see.

$BTC

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.

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