Uncle_Rich

If the price can not break through 36,000U this week

Long
BITBAY:BTCUSDT   None
The BTC price was rallying and then falling for no reason. The power of the news was limited. The market has picked up today, with a 1.03 BTC contract long/short ratio. Looking at the 4-hour line, the downtrend has been eased; MA5 line has crossed MA10 line, and is about to break MA30 line soon. Bollinger Band is still shrinking at the moment; MACD is running above the zero axis, and RSI and KDJ are turning up. Looking at the 1-hour line, the pick up trend is gradually being constructed at the bottom.

July ushered in a new beginning, and there is a high probability that there will be a small gain in the evening, with a high near 35,500U. If the price can not break through 36,000U this week, the market will continue to fluctuate and callback.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.