Yesterday, the high point of the big cake BTC was 29900 points, closing at 29149 points, with an amplitude of 8.94% and a decrease of 2
Yesterday, the high point of the big cake BTC was 29900 points, closing at 29149 points, with an amplitude of 8.94% and a decrease of 2.25%. Yesterday, the main trend was negative after a decline, with the closing price at the 5-day line. From a medium to long term perspective, multiple forces dominate.
Yesterday, it was analyzed that the main problem with Big Pancake BTC is that the BTC is around 2.9w. How to make a long or short decision? From today's trading data, when Da Bing planned to break through the 3w trend line in the early morning, it fell and fell again. During the day, it fluctuated around 2.94w and has not yet fallen below 2.9w. However, this rebound was once again suppressed by the 3h downward trend line, with a triple and four break. Unfortunately, there was no break through this trend line in the early morning, which indicates that various forces have weakened. At the same time, this is the second type of selling point for constructing the daily line, Although the daily pattern is very strong, it is also necessary to be very careful. The strong resistance level and trend line at the sub level form a resonance area here, and the pressure is very strong. This is a relatively good thing for the short side, at least the profit and loss ratio here is very good.
3h k-line diagram
Although the volatility has been intense in the past two days, from a technical perspective, this sharp fluctuation may be for a better decline in the future. If the 3.1w level is not exceeded within these two or three days, the previous view remains that the 3.1w level may be the highest point in these months. Personal opinion: It is better to deal with the short side. If you don't understand, you can skip the operation and wait for the market to come out. Choose the specific direction.
Note: The currency market carries risks and caution is required when entering the market.
Risk reminder: The opinions mentioned in this article only represent personal opinions, and the subject matter involved is not recommended. Trading based on this will be at your own risk
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