Yesterday, my brothers all won a lot. We bought 2,000 points of BTC at 56,000. This order was my opinion one week in advance, including the two days before. I told you to buy spot at 56,000, open long, and use the currency standard? This is the real deal that I talked about all night. If you don’t believe it, just look up my voice recording. Those who have been on our voice room know how high the quality of our voice room is. Let’s just talk about business, macro or trading.

BTC monthly line closed. As expected, the September price agreed in the first half of August reached 66K, and 67K was about to start running ahead of schedule. Unexpectedly, the market big players or main players ran faster, running at 65K, and the daily bulls did not continue. So September is also a month for bottom-fishing or running ahead. The idea is still a wide range of fluctuations within the range. According to the current structure of the daily line in Figure 2, 55-56K is a bottom-fishing, 52K is a bottom-fishing, and it will run when it rebounds to 60K or 61K. I can't guess so much later. I will take it one step at a time when October is approaching. Interpretation of the monthly line: In price behavior analysis, if the monthly highs are getting lower and lower, and the lows are getting lower and lower, this is usually interpreted as a signal of a downward trend. It shows that sellers dominate the market, and every time the price tries to rebound, it cannot reach the previous height, and every decline will break through the previous low, forming a downward channel. This trend may indicate that investors are pessimistic about the prospects of stocks, or that the overall market trend is downward. In this case, investors may look for opportunities to sell on a rebound, or wait for a clearer market reversal signal.
From the review of previous cases, we can see several possible explanations and strategies. For example, the falling wedge usually appears in a technical correction after the stock price has experienced a sharp rise. Its characteristics are that the high and low points of the stock price are gradually moving downward, and the upper and lower lines are both tilted downward, and they show a clear convergence trend. The volume in the falling wedge gradually decreases from left to right. When the stock price rises and breaks through the upper resistance line of the falling wedge, the volume is significantly enlarged, indicating that a new round of upward trend may begin.
In addition, if the stock price moves out of the rising wedge during the recovery stage of the falling market, it usually implies that the stock price has not yet bottomed out, but is just a technical rebound after a decline. If the stock price falls below the lower line of the rising wedge, the decline will at least lose all the original rebound price, and it will often fall deeper.
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