q4yrf4

BTC will stop falling and rise again

Long
q4yrf4 Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC rebounded to the 69600-70000 range I predicted, and it did fall, but it did not fall below the 69130 resistance level. It is currently in the rebound and rising stage. Since the current BTC general trend is still rising, and the price has just shown signs of stopping the decline and rising, it is likely to break through the 69840 resistance level. If the price breaks through the 69840 resistance level, the upward trend will continue.

However, it is not ruled out that the price will fall again after being blocked near 69840. If the price falls below 69130, the downward trend will continue in the short term.

In short, the current trend is volatile, and the amplitude of ups and downs will still be large. Even if most of us can see that the general trend is rising, it is still not easy for most people to capture profit opportunities and avoid risks.

Trading suggestions: At present, there is a high probability of rising. If the price breaks through 69840, you can buy long orders, with a target of 70500-70800.

The above trading suggestions are for reference only. I will update the market analysis in my guidance group at any time
Comment:
The current rebound is an obvious trend, and aggressive investors can buy at the current price of around 69,500
Comment:

The price has broken through 69840, which is consistent with my prediction. BTC will continue to rise.
Comment:

After breaking through 69840, the price encountered resistance near 70160 and fell back, but the trend is still upward. If the price falls back to the 69550-69750 range, you can buy, with a target of 70300-70500
Comment:
Yesterday, the price failed to break through the 70170 resistance level after two upward surges. The short-selling force began to exert its strength and directly broke through the 69130 and 68450 resistance levels. As of now, the price has fallen by more than 3,000 US dollars. If nothing unexpected happens, the price will continue to fall due to the inertia of the decline. If the price falls to the important resistance range below and a rebound signal appears, you can buy appropriately.

Focus on the 66350-66800 range. If the price falls to this range, you can buy, with a target of 67500-67800

The above suggestions are for reference only. I will update the market analysis in my guidance group at any time
Comment:
The price rebounded as I predicted, but we have to see whether it can rebound to the range I predicted.
Comment:
Although the price has dropped a little bit below my expectation, it will still rebound and rise. The price needs to slowly accumulate upward momentum at the bottom, so the price has not rebounded too much so far. Those who buy long orders do not need to worry, just wait patiently
Comment:

The price continues to rise as I expected. Waiting for the price to rise to the target range of 67500-67800
Comment:

The price has reached above 67500, reaching our target. Victory again
Comment:
Currently the price cannot break through 67600, aggressive investors can sell with a small position. Target 66300-66600
Comment:
The price is currently below 67600 and has not really started to fall. It is not ruled out that the price will break through the 67600-69500 ​​range. If the price breaks through 69500, the upward trend will continue.

My guidance group link

t.me/+JL1RfyiuCDY5NDQ0

Personal Telegram Account

@Daniel_22345
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