- Zhou Yanling: Bitcoin and Ethereum's latest intraday analysis and operational strategies on April 16
Bitcoin is now forming a "trumpet mouth" pattern on the 4-hour chart. Of course, some people are still unfamiliar with this technical pattern, and it does not necessarily mean anything. In more intuitive terms, it means that there will be larger fluctuations in the future. Generally, what we see most often are consolidation or wedge-shaped patterns. Their function is that the fluctuations at the end will become narrower and the probability of a breakout is high. If you remove the trend line above now, you will find that Bitcoin still has a very solid upward trend line. Many people rely on this trend line to make bullish attempts, and the specific execution position is probably around 62,600. The recent market has shown very obvious manipulative techniques by the "institutional dogs" to wash out positions, killing both long and short positions back and forth, which is really disgusting. But even so, we don't need to be afraid. Knowing the routine of the "institutional dogs" is enough. When operating, first prepare for risk control. Even if you are tricked by the "institutional dogs", you can turn it around. The current position of Bitcoin is very critical. As long as the short-term does not fall below 61,000, any pullback this week will be a good opportunity for us to go long.
Bitcoin's evening operational strategy on April 16:
Long at 62,700-63,000, with a stop loss of 400 points, target at 63,700-64,000, and look at around 65,000 if broken.
Short at 64,000-63,700, with a stop loss of 400 points, target at 63,000-62,600-62,100.
[The above analysis and strategies are for reference only. Please bear the risk on your own. The article's review and release may have a lag, and the strategy does not have timeliness. Please refer to Yanling's real-time strategy for specific operations.]
This article is exclusively created and shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). The author has been engaged in financial market investment research for more than ten years, mainly analyzing and guiding the operations of BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV and other cryptocurrency contracts/spots. With solid theoretical foundation and practical experience, the author is good at combining technical and fundamental analysis, focusing on capital management and risk control. The operating style is steady and decisive. The author is recognized by a large number of investment friends for being easy-going and responsible, as well as sharp and decisive operations. If you need to know more about real-time investment strategies, trading techniques, operational skills, and candlestick knowledge, you can follow the teacher (WeChat public account: Zhou Yanling).
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。
