8.12 Zhang Lihui: Will the short-term breakout of Bitcoin continue to be bearish? Beware of sudden changes in the market tonight. Where are the opportunities for high-altitude and low-multiple entry? The latest Bitcoin (BTC) market analysis and operation layout reference #BTC走势分析 $BTC
That's right! The operation suggestion given in the Bitcoin article yesterday was to take a loss. The real-time commission was 59810 more, and the stop loss was 59400. Unfortunately, the N-game winning streak in the previous two weeks ended, and the small loss was eliminated. So why the stop loss was at 59400? This position is worth studying, because this is exactly the 4-hour EMA30 line support, and there is no moving average support at the bottom. If it breaks, it will be a big short. Sure enough, the market still failed to hold, and it went directly to the daily EMA200. Below, so this also reflects the importance of breaking the stop loss at the key position; carrying an order will only make you tired, and you will miss many opportunities to open an order. It is not easy to lose! So it is recommended that you must not hold a heavy position with a fluke mentality, and you must learn to reduce your trial and error costs!
In the current 1-hour view, the price of the currency has fallen below the support of yesterday's bottom EMA120 and EMA150. The short-term EMA15, EMA30 and EMA60 are running downward, especially EMA30 is about to move downward close to the overlap of EMA120 and EMA150, which has changed the overall fortune of last week. So this can be used as a short-term long position to reduce positions or open short positions; DIF and DEA are closing at a low level, and the market may break through the current shock upward; then it can give a short-selling opportunity;
In the 4-hour chart, the Bollinger Bands continue to open downward, indicating that the bottom space has not been completed. The volume continues to increase below the 0 axis in MACD. DIF and DEA form a dead cross and open downward close to the 0 axis position. You can also observe whether the turning phenomenon at the 0 axis position can appear at any time. ;
The daily Bollinger Band channel has ended its upward closing, and the upper and lower tracks are about to be in a parallel state. The market may start to fluctuate in the range again. If the current K-line is below, then only EMA250 support can be considered;
Li Hui combined the above indicators, short-term operations can still consider high-altitude and low-long entry;
It is recommended to go short in the callback 60000-59700 range, stop loss 60500; target 59000-58400-57500 to reduce positions; break the 57400-57100 range to get the daily lower track position (currently 53400);
It is recommended to go long in the retracement 57300-57000 range, stop loss 56800, target 57900-58500-59500; after the loss, wait and see, and wait for the daily lower track to start the layout and enter the market.
