1.4 Bitcoin Long
Yesterday's Bitcoin market really cannot be described in words, but it is exciting. After pulling up to near 33300 in the early morning and stepping back more than 2,000 pp, he pulled more than 4,000 pp again, and fell back under pressure at 34762. To be honest, yesterday's quotation was a bit daunting for many coin lovers, and the captain was also a bit daunted. As soon as the idea of the article was sent out, I encountered a violent rise, because I have not encountered such a market for a long time, and I feel a long-lost feeling. Although it is a bullish line of thinking, it is too violent. Only 33,800 is seen above, which still underestimates the level of violence. There is no market that only rises and does not fall, and there is no market that only falls but does not rise. Only when the price rises and rises back is a healthy trend. On the daily line, there are signs of 7 consecutive suns. In history, there are very few cases of 7 consecutive suns and 8 consecutive suns on the daily line. What's more, there are two 8 consecutive suns in less than a month. The probability is not high, of course not. Exclude beyond history, because this year is a special year and anything can happen. Looking at the hourly chart, the market has stepped back to 32300 and stopped falling and rebounded. It is in the 50-61.8 range of Fibonacci. The current market is still testing upwards. Next, the currency price can stabilize 23.6, which is above 33750, then there is still To test the possibility of a new high, if you can't stabilize 33800, you can be empty. If the position is stabilized, you can give up immediately. We can enter the empty space near 34500-34900 at the top. If you pull up the position and stabilize at 35000, you will give up entering the market. Near the 7-day moving average, that is, 33150 near the 38.2 line enters the market more, and the break will temporarily give up and enter near 50.0, which is the 32600 line. The market fluctuates greatly, and the defensive goals must be larger. Suggestions are for reference only and take good risk control.
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