jherryPowell

The rise of Bitcoin bulls, the low and the long remain

Long
jherryPowell Updated   
BITSTAMP:BTCUSD   Bitcoin
The first wave of Bitcoin's pullback after the early rise has ended, and it will rise again after stepping back on the bulls, but there may be repeated repairs to the structure in the short term, and it is operationally bullish to wait for the low to be mostly bullish.Bitcoin operation is recommended to buy at 28,200, risk control is 27,600, and the target is 29,200~30,100.If you rush directly to the second target, you need to be wary of bears coming.

The chart is a daily chart of Bitcoin

Bitcoin's rebound is based on the following points

1. Bitcoin is currently in the second stage of the adjustment cycle.
2. According to the judgment of the Turing wave trading system, the current rise of C Wave 1 has ended, and it is currently in the decline of C wave 2, of which the first wave of decline has ended.
3. The upper pressure is 29200~30100, and the lower support is 28200~27600.

The main idea is for everyone. If you have any specific doubts, click on the link below to find me, because everyone's location is different, and the corresponding corresponding measures are different, and the answer cannot be given uniformly.
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