9.16 Monday morning operation suggestions and ideas

The market did not fluctuate much over the weekend. I believe that my friends had a good rest with their wives and children. From the market point of view, after two days of shock adjustment over the weekend, Bitcoin fell back this morning and rebounded after touching the 58700 area. The idea is still bullish!

9.16 Monday morning analysis

From the daily line, after the big positive line rose, although there was a continuous negative decline, the kongtou failed to break through effectively and maintained the upward trend. The 4-hour chart shows that the Bollinger band upward channel is good, and the K line fell below the middle track but left a long lower shadow, indicating that the support below is strong. The overall upward trend is still maintained after the correction, which is suitable for stepping back and going long.

9.16 Monday morning operation suggestions

The operation suggestions for Bitcoin are to look long around 58700-58300, with the target at 59600-60600 area, and the defense zone has 800 points of space

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