Friday, June 28th. Update of ideas in the afternoon: box structure, high altitude and low price
If you like to escape, you will fail more and more. Be positive and optimistic, and life will be full of sunshine. Bitcoin has still not fluctuated significantly since the morning, and the narrow range is still continuing. The market did not continue after breaking through 62000 in the morning, and then fell back. At the same time, we also issued a short selling reminder in this area, and then easily won 600 points of space. The current price comparison is running around 61300. At this stage, the overall market fluctuations are relatively small. In the short term, a box shock pattern has been formed. If the range does not break, sell high and buy low.
Judging from the four-hour chart, the upper and lower ranges have gradually narrowed, and the Bollinger Bands are closing. The market trend is not expected to be too big in the short term. As the weekend node approaches, if the range does not break, it will enter a consolidation stage. Consolidation means accumulating strength. After accumulating strength, there is a high probability of forming a unilateral market. Before that, we still participate in the zone.
Friday afternoon suggestions:
Bitcoin 62200-60500 area high altitude low long
Ethereum 3400-3480 area is high, low and long
Friends who have been living in the cusp of the storm for a long time, there is a safe haven here, come here, I understand!
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