10/10 BTC Trend analysis

It can be seen that the price stays in the pressure range of the daily neckline.
And this wave of rising callbacks is not as much as imagined.
Therefore, we must pay attention to the possibility of the dealer's organization scam to buy rise.

In the daily level, you can also see that there is a triangle convergence.
If you have not opened a position, please wait for the breakout before operating,you must remember to set hedging if you hold a long position.
Above is the daily neckline and the pressure of the triangle,so if you break upward, remember to wait until the daily K closes to avoid pretend breakthroughs.

▲Special attention should be paid to the position of 11450 in the upper pressure, which happens to be the junction of the circle and the 0.618 retracement.
As can be seen in the previous 0.618 circle, the price failed to break through twice and fell sharply each time.
Therefore, this price is best marked specifically.

In terms of overall operation, on callbacks to buy long.
The 4-hour triangle convergence breaks through the gains are not yet satisfied,
all levels of the long Moving average are below, and the short Moving average have not fallen below.

# This analysis is a personal forecast and does not have any investment advice, please refer to it carefully.