$BTC Good evening, everyone. The strong continuous positive trend is about to break the high in the evening. It is better to wait and see than to go short.
First, the four-hour line is strong and continuous positive. There are three positive lines in the day without a negative line inserted. There is only a cross K with a very small body in the middle. This cross K pattern is a signal of continued rise. Secondly, the hourly line correction pattern , after the big positive pull-up, it is basically sideways, and the correction time is relatively short, which lays the foundation for continued pull-up, especially after the top and bottom conversion in the European session, it continues to rise. At the beginning of the European session, it is only a single negative, which belongs to the hammer pattern and is still a signal of continued rise. The entire pull-up process during the day is strong and stable, and there is still room for continued rise.
Given the strong performance during the day, there is no strong decline in the process of correction, and the low point of each retracement is gradually raised. There is no excessive room for correction during the day. Therefore, the lower side relies on the high point of the early trading at night, which is also the support of the lower trend line 67300-67500. Continue to look at the upward pull, and look at 68400-69000 above. If you like it, please pay attention!
