The trend of BTC is completely under the control of the technical analysis of the coil. It has turned from a triple sell to not making a new low double buy, choosing the yellow trend deduced yesterday. Currently, it is running a 30-minute level triple sell to double buy upward trend.
Yesterday, this account accurately predicted in the community in advance that after breaking through 61680 at the 5-minute small level, there would be a rebound. The actual trend was just breaking through 61680 again to reach 61600 before rebounding, and at 12:30 in the early morning, it confirmed a downward trend without breaking the low point of 61600. The highest point has rebounded to 64365.
From the situation of the 30-minute double buy rebound, the strength is average, at most, it can only be seen as a rebound of the 30-minute level upward trend. After the secondary level sells, it is still mainly based on selling before buying.
Looking at the 30-minute chart, the maximum range of the 30-minute level coil is shown in the yellow box in the picture, and a new 30-minute level coil has taken shape. The height of the current double buy upward rebound is very important. If it cannot break through the previous triple sell point of 68867, the probability of leaving the segment and breaking a new low in the future will greatly increase. The core of short-term trading still lies in following and position management.
If choosing the red trend in the picture, once it breaks through the low point of 60660, if there is a consolidation divergence buy point, it is considered the best medium to long-term bottom fishing point. Note that a divergence buy point needs to appear. If there is a non-divergent volume decline, then you still need to continue to wait patiently.
If you are interested in the coil theory and want to get free coil theory learning materials, watch public live broadcasts, participate in offline coil theory training camps, improve your trading skills with coil theory, build your own trading system to achieve a stable profit goal, and use coil theory to timely escape the top and bottom, you can scan the code to follow the public account and add the WeChat of this account to join the group for learning!
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