A simple and clear view of the next possible situation of BTC
The following is the content of machine translation
Today's currency circle sentiment index is 20, which is extremely panic, the lowest point since the market change on July 21. Extreme panic is a good time for bulls to buy bottoms, and there is indeed a rebound of about 5%. But, here is a reversal or a rebound in one or two days?
Recently, it has rebounded after reaching 4w several times recently. From the point of view of indicators, it has deviated after reaching 4w, and the rebound is also appropriate.
Today may be the tipping point for longs and shorts. From the point of view of the trend line, today it is near the trend line. If the upward break of the trend line can stabilize and not dive, there may be another wave of market here. If it does not break the trend line, it is a wave of bearish market.
Normally, it should go well or even break up here today, but it's hard to say how small coins don't follow this. You can observe the night disk to be more certain about the next direction.
If you agree with my opinion, please support the following, if you disagree, please express your opinions and exchange it, thank you!
Today's currency circle sentiment index is 20, which is extremely panic, the lowest point since the market change on July 21. Extreme panic is a good time for bulls to buy bottoms, and there is indeed a rebound of about 5%. But, here is a reversal or a rebound in one or two days?
Recently, it has rebounded after reaching 4w several times recently. From the point of view of indicators, it has deviated after reaching 4w, and the rebound is also appropriate.
Today may be the tipping point for longs and shorts. From the point of view of the trend line, today it is near the trend line. If the upward break of the trend line can stabilize and not dive, there may be another wave of market here. If it does not break the trend line, it is a wave of bearish market.
Normally, it should go well or even break up here today, but it's hard to say how small coins don't follow this. You can observe the night disk to be more certain about the next direction.
If you agree with my opinion, please support the following, if you disagree, please express your opinions and exchange it, thank you!
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