10.19 Market adjustment, seize the opportunity
As mentioned in the morning analysis, the trading volume of big cake and concubine decreased, and the big cake and concubine came to a market consolidation situation. It is not difficult to see that the high pressure of big cake is around 69000, and the high pressure of concubine is around 2680. If it breaks through, it can continue to look up for a period of space. The support below the big cake is in the range of 68000-67600, and the support below the concubine is in the position of 2630-2600. In the absence of major changes at the weekend, it can be supplemented in this range. 🍊
From the 4h level, it can be seen that the price has risen steadily and is constantly approaching the convergence pressure area of the weekly level. This continuous upward trend is like a sharp arrow ready to be launched, which may break through the pressure level at any time and open up new rising space.
The previous shock callback process is like a market baptism, clearing away many unstable liquidity that follow the trend. This makes the current market foundation more solid and provides strong support for subsequent increases.
At the same time, the political stage is also surging. Trump is leading the polls by a large margin, and there are only three weeks left before the election. Changes in the political situation often have an impact on the financial market that cannot be ignored.
Operation suggestions: add 🍊 in the range, 69200-67600 for big cakes, 2680-2630 for aunties, and mainly use stone climbing #BTC要挑战7W大关了吗? #特朗普家族加密项目 #美国9月零售销售增幅超预期 #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH