Watch for a 2-hour spike in bitcoin

Yesterday we gave the shape of the head and shoulders bottom, and prompt $11100 if the effective breakthrough, would be better, but we see in 2 hour period, the position and no effective breakthrough (I also suggests the didn't choose left shoulder neck line 10700, the line is to prevent cheating, but still want to cheat line we see the final main technique, false breakthrough. So here is a reminder that I usually use the closing price as the standard, our friends in the community are aware of the importance of this choice. Because a lot of people took a loss, everybody knows to close confirmed now. The breakthrough failed, but formed 2 hours of macd top deviation, so everyone in the trade, must set a good standard, or it will suffer losses.

This 2-hour deviation is currently supported by ma36. If it does not break down, it may be a time adjustment. If it breaks down, it will form a spatial adjustment. And from the shoulder position, I also gave the price of $9800 yesterday, below which there will be a new round of decline.

strategy

At present, the daily level of the rebound, subject to ma18, if the breakthrough, we can choose a new trading strategy, otherwise maintain the same bearish thinking