btc pullback is in place, waiting for the bulls to debut more
Bitcoin's current first round of decline adjustment may have come to an end, because from the perspective of the K-line, it has now cut into the early shock range. Here, the bulls have a counterattack situation, as for whether it is a rebound or a reversal, continue to observe.The Bitcoin operation is recommended to buy at 26,600, the risk control is 26,000, and the target is 28,700~29,800.
The chart is a daily chart of Bitcoin
Bitcoin bullish is based on the following points
1. After Bitcoin fell into the range, there was resistance to a decline, so there is an opportunity for bulls to rise here.
2. According to the judgment of the Turing wave trading system, the current rise of C Wave 1 has ended, and it is currently in the decline of C wave 2, of which the first wave of decline has come to an end.
3. The upper pressure is 28700~29800, and the lower support is 26600~25300.
The market is changing rapidly, and the discussion channel has been opened. Everyone is welcome to enter.
The chart is a daily chart of Bitcoin
Bitcoin bullish is based on the following points
1. After Bitcoin fell into the range, there was resistance to a decline, so there is an opportunity for bulls to rise here.
2. According to the judgment of the Turing wave trading system, the current rise of C Wave 1 has ended, and it is currently in the decline of C wave 2, of which the first wave of decline has come to an end.
3. The upper pressure is 28700~29800, and the lower support is 26600~25300.
The market is changing rapidly, and the discussion channel has been opened. Everyone is welcome to enter.
Note
After the callback is the opportunity
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.