On Friday 9.20, the daily line continued to be positive, and the bulls seemed unstoppable!
Bitcoin has recorded three consecutive positive gains on the daily chart. Yesterday, the price tested the 63,800 line and then fell back under pressure. It is currently adjusting at the 62,900 line.
Yesterday, we also turned our guns to be bullish. We entered the market in early trading and successfully gained more than a thousand points to exit the market after holding it for one day. We continued to be bullish during the evening US stock market period, but we have not yet been given a good opportunity to enter the market.
Last night's article also emphasized that if the price does not fall below the 61,000 line in the short term, then the short-term decline will be a retracement, and it will always go up. The current retracement is like this, so be patient and wait for the retracement to be ready, then go long. Got it
The short-term support is still the 62,700 line, followed by the 62,000 and 61,000 lines. If it falls below the 61,000 line, the bullish expectations remain unchanged. For upper pressure, just focus on the 64500-65000 line.
Early trading suggestions
BTC. Retrace the 62700 line and go long directly. See 61700 to replenish the position and defend 61000.
ETH. Just synchronize, go long on the retracement of 2440, watch 2550, and defend 2380
The above suggestions are for reference only!
