Wensong's Return 9.15 Bitcoin Trend Analysis

CN
1 year ago

99% of anxiety comes from wasting time and not doing things properly, so the only solution is to take action, do things seriously, overcome anxiety, overcome those empty moments in your heart, and not choose to escape. Come on!

Bitcoin rose again yesterday, reaching a high of around 26800 before pulling back. Since the beginning of the week, the price has continued to oscillate upwards, and has basically formed an upward space of about two thousand points. The rebound strength yesterday exceeded expectations, and the price has returned to the 26500 area. Although the market has risen, the upward pressure is quite obvious, and the market has already seen a certain increase, so do not chase the rise excessively at this time. It is advisable to maintain a bearish view at the high level.

From the perspective of the daily trend structure, there is a short-term bullish volume, with consecutive upward candlesticks. However, from the Bollinger Bands, the market is still below the upper band, indicating that there is still some pressure at the high level. The 4-hour chart shows a doji at the high level, which means either a continuation or a reversal. From the current daily trend, there is a clear turning signal, indicating that the overall trend structure is a low-level oscillation after a decline at the high level. The rebound did not break the previous high, so overall it is biased towards a weak decline. Although there is a short-term rebound, it is accompanied by lower highs and continuous new lows, indicating a clear weak structure. Therefore, it is advisable to continue to maintain a bearish view in operations.

In terms of future operations for Bitcoin, it is recommended to short at the rebound in the 26500-26800 area, with a target around 25800-25500.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

领14,000+ USDT迎新豪礼
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink