In terms of a larger level, BTC is still in a long position.
Therefore, it is better to operate with callbacks.
The main reasons are as follows:
1. Homeopathic orders have less pressure and more support below
2. Better profit and loss
3. Avoid the risk of chasing high and falling sharply
And in the case of a bullish trend
1. Spot players should look for a time...
Currently we see the 4-hour chart of BTC
We can see that there is a potential double top pattern.
Therefore, if it breaks the neckline, you can place a short order.
Enter the market with the stop loss set up above the double top, and the target price is placed at Fibonacci 2 (17485-17600)
The pattern operation is based on breakthrough entry, and should not enter...
In the 4-hour chart, you can see the distance from the last analysis (11/19). Although it has risen a bit, it has not reached the expected increase of 2500 points.
At the same time,there is a divergence in the 4-hour chart to fall back the correction zone,and in the 30 minutes have third divergence.
Therefore, against to these signals (divergence), pay special...
In the 4-hour chart, you can see that the increase this time exceeded the 2200 points expected last time (analysis on the 7th).
It happened to be around noon yesterday, when a deviation occurred at the 30-minute level and ended a new round of rising.
Therefore, the trend in the next few days is about to enter a period of relatively volatile consolidation.
It can be seen that BTC deviated from yesterday’s 30-minute rise, thus ending this wave of upward trend and entering a consolidation period.
However, in larger time zones, the rise has not stopped,
Therefore, it seems that there is a greater chance of rising when the correction ends.
The next rise will be take 2200 points as the difference,divided into two...
You can be seen that BCH challenge the pressure zone neckline(270) fail,
And formed a head and shoulders top and broke the ascending channel support continued to fall.
At present, it is falling in the range of 231 and there is a support reaction,
Therefore, if it is a short order, you can set a mobile stop profit or an absolute stop profit,
Ema also seems to be...
At present, we can see the formation of effective support on the 4H ascending channel support line and the formation of a double bottom at 1H.
Therefore, the short-term can be bullish, and the stop loss can be set at the bottom of the double bottom.
The neckline is approximately 13650-13700.
This seat is a more important boundary, so if you can’t effectively...
At present, we can see that there has been a double top in the daily line, and the price has fallen to Ema89.
At the same time, it can also be seen on the weekly line that the MACD has death cross.
Continue to pay attention to the 103-105 range of the neckline.
If it falls below, you can continue to look down
The first target is between 1.727-1.414,
you can close...
It can be seen that the next one pen is missing in the daily level.
And fall within the pressure range of the ascending channel,it may form top type.
So in the next few weeks,operate as far as possible short high.
And wait for the end of the daily callback.
At the current price of 132XX, the long-short profit-loss ratio is not ideal.
If you consider the profit...
From the daily line, we can see that BCH is currently trying to break through the neckline pressure of the past.
It is also a downward trend pressure on the daily line.
In the 4-hour chart, backtested to 0.786 and go to 1.414-1.618.
If it can stand firm and break through the daily downward trend pressure,
The first goal falls on Fibonacci 2 (289.83).
We can see in the 4H diagram,
After BTC broke through the triangle on the 8th, Breakthrough in one fell swoop the Head and Shoulders Top neckline,
And within a week, tested the neckline support and a new triangle convergence was formed.
After the 18th chose to break upward, continue to strengthen
Then it broke through the 4H ascending channel and backtested 0.786...
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...
In the figure, you can see that yesterday’s BTC has broken through the one-month triangle convergence.
And at around 6 o'clock this evening,after back down 0.786 in the one-hour chart and broke the neckline of 4H.
It is currently the neckline pressure range coming to the daily line.
If you hold a long position, remember to protect your profits prevent...
Since the last time fell from Head and Shoulders Top 12,000 About two months passed.
It can be seen that the triangle convergence in 4 hours is close to the end,
it means there is a high probability that a new direction will appear soon.
It is recommended to wait for the direction selection and operate the direction of the breakthrough empty-handed.
At present, the daily line can be seen to be converging in a triangle,
The volatility in the coming days and weeks should get smaller and smaller,
In addition, you can see that the daily line has a rebound after falling. If it falls below 308,
Then the next target position falls between 1.272-1.414
But you can see that the first two dips received quite long...
After ETH reaches the first and second take profit levels of the 30-minute trend in the analysis on the 24th (black Fibo),
It can be seen in the trend of 1H that the retracement was 0.618 at 4 pm yesterday,
Therefore, the next target falls in the 1H Fibo Retracement 1.272-1414 range (red Fibo)
# This analysis is a personal forecast and does not have any...