Academician of currency circle: On November 15, Bitcoin long positions were liquidated twice in two days. Will the large-scale long trend continue?
The current price of Bitcoin is 89100 Beijing time at 2 am. The daily K-line is as high as 91800 and as low as 87500. I chose to post at this time because there are many 8.8 points. I just pocketed 89500. For details, please refer to the ideas of yesterday's article. 1500 points of intraday space profit-taking, you can take a rest after pocketing, and I will not post the actual combat records, so that no one will say that I am pretending to be cool again. The rest will enter the market after the retracement is confirmed.
Look at the daily K-line breaking the historical high for four consecutive days. It has not broken the historical high before today's press release. If it has not broken the new high before the close of 8 am, it is necessary to consider whether the bulls are still there. The EMA15 trend The fast line support has stretched to the 80,000 mark, and it is expected to continue to pull up to provide support for the K-line, so there will be a downward retracement in the short term. MACD volume has decreased, DIF and DEA have gone out of the energy indicator. If the bulls stretch again, the market will enter extreme overbought here. The upper rail pressure of the Bollinger Band is 90,700. The K-line broke the Bollinger Band for several consecutive days and finally returned to the channel. If the KDJ shrinks below 88,000 and fails, it will enter a downward channel in the short term. The ultra-short idea can try to short at the pressure level. For the time being, the large-scale bullish trend is the main focus.
The four-hour K-line shows an upward flag pattern. The K-line is currently stepping back on the EMA15 trend support and starting to pull back to the upper pressure level to focus on the 90,000 mark. The lower EMA30 trend support point is at 86,000. The MACD top divergence has continued for a long time and has begun to shrink downward. The DIF and DEA highs spread downward to open up their positions. The fluctuation space becomes larger. If the stop loss is too large, it is recommended not to do it. Choose the key support and pressure to enter the market again. The Bollinger Bands begin to shrink. Both long and short positions are moving inward. The upper rail pressure level has reached 92,500, and the lower rail support is focused on 84,500. The idea is that Refer to this position, stop loss if it breaks
Intraday short-term thinking reference: The market is not 100%, so you must set a good stop loss. Safety first, small losses and big profits are the goal
91500 to 92000 above, short at 92500, short at 500 points, target at 90500 to 90000, break at 89500 to 89000
86000 to 85500 below, long at 85000 to 84500, stop loss at 500 points, target at 87500 to 88000, break at 89000 to 90000