It’s the weekend again. After the Bitcoin market shot up to 39,000 for the second time in the early morning, it fell back under pressure. It is currently consolidating in the 38,800 area. Yesterday, we were bullish across the board. The currency price is reaching a new high. After 38,800, we are determined that there will be a wave of resistance. , we were also given a long position near 38200. The trajectory of the market movement is exactly the same as our thinking. The points and targets have been achieved, and yesterday's long and short positions have been perfectly harvested. A fruitful and perfect day.
In terms of the rhythm of the daily line, there is no doubt that the bulls are still dominant. The market is gradually rising, and the high points are constantly being refreshed. In the trending market, correction is an opportunity to go long. The short-term market has surged higher again. Pay attention to the correction after the surge. Opportunities, combined with the four-hour chart, the rhythm of the wave-shaped rise is very obvious. It rises and then steps higher, accumulating strength to rush higher again. The market often presents in this way. There is also an opportunity to gain short positions at high levels. After correction, it steps back to the previous high. The position continues to be long.
Hua Ye suggested at noon on Saturday that Bitcoin should go long near 383500-38200, with the target focusing on the 39000-39509 line.
The above blog post is purely a personal opinion and is for reference only. The article is timely! If you have any questions, please feel free to discuss in the comment area! If you want to ↑car, you can ⑥license plate!
