June 4 Zhang Lihui: Bitcoin short-term correction bullish trend still exists? Today's Bitcoin (BTC) market analysis and operation reference! #新币挖矿 #BTC走势分析 #美众议院通过FIT21法案 #现货以太坊ETF获美SEC批准 #
From the 1-hour level of Bitcoin, the upper pin was close to the top trend line position last night to reverse the short position. The Bollinger band upward channel ended and will be in a parallel channel trend for a short time. The current currency price has fallen back to the EMA15 position. Pay attention to the support position of EMA30 and the first trend line below. The J line in KDJ failed to turn upward, and the three lines continued to spread downward. The volume below the 0 axis in MACD continued to increase, and DIF and DEA formed a high dead cross; but the 1-hour level is about to finish below, so you can consider going long without breaking the support position!
From the 4-hour level, the Bollinger Bands channel is closing upward, and the price of the currency is approaching the middle track and the support position of EMA10 and the first trend line; the three lines of KDJ are in the long-short competition area. Although the three lines are crossing downward at present, if the support position of EMA10,15 interval cannot be broken, the price of the currency may form a high-level shock box again. Looking at the shrinkage above the 0 axis in MACD, it is not very strong, and the closing of DIF and DEA is not strong, indicating that the bulls are still very strong;
From the daily level, the price of the currency has hit the top trend suppression position from EMA15 to form a contraction, and it is also in a larger triangle convergence pattern. Looking at the three lines of KDJ, they begin to cross upward, and the volume of the middle and lower parts of MACD has closed since yesterday. DIF also turns upward and closes with DEA. There are less than 2 hours before the daily closing. It seems that today's trend will still be short first and then long! But we must also defend against the main control. After all, the bulls have been strong for a long time, and the possibility of washing may appear at any time!
It is recommended to pay attention to the first long position of 68400-68600, stop loss 68200, target 69100-69600-70200; if it breaks 70300-70500, it can continue to hold to around 71000;
It is recommended to pay attention to the second long position of 67550-67900, stop loss 67400, target 1000-1500 points;
It is recommended to pay attention to the first short position of 70300-70000, stop loss 70500, target 500-800 points;
The long position is also concerned about the 3700-3730 mark without breaking the long position, the target is 50-80 points, and it is not recommended to hold the short position for a long time to prevent the possibility of a change in the market!
The review of the article is delayed, and the market changes rapidly. For more real-time orders, you can follow the public account and my name to obtain it. Please strictly take the stop profit and stop loss when entering the market, and stop when you see the good!
I, Li Hui, interpret the world economic news and analyze the global cryptocurrency trends. During my further studies in the United States, I have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL and other currencies. For those who do not know how to operate, please leave comments!