$BTC Evening View:
Is the big pie really rising or falsely falling? Tonight's opening of the US stock market will reveal the answer and provide direction. Students, do you expect a rise or a fall? Feel free to discuss, and patiently wait for the US stock market to open tonight!
🥞
Speaking with the chart: Looking at the hourly level of the big pie, this line represents a major resistance disaster area. Since breaking below the 110,000 integer level on May 23, the big pie has repeatedly attempted to reclaim the lost 110,000 level, but all have ended in failure.
Not a single candlestick has closed above 110,000, as indicated by the yellow arrow; just yesterday, it was 2 pips short of standing firm above.
If the big pie wants to continue rising, it must have a closing price above 110,000 and consolidate above that level.
Only then is it possible to touch previous highs or set new peaks; otherwise, it’s useless. If it attempts to break above 110,000 two more times without success, the bulls will lose their confidence in the upward trend, inevitably leading to a correction. If you can't win over a girl after several days, you would also lose interest.
🥞
The big pie should break through 109,680 with volume to chase long positions, while a volume break below 109,381 that cannot recover indicates a short position; pay attention to changes in volume.
At the hourly level, the big pie must first break through 110,113 to look upwards towards 110,780-111,346; failing to break 110,113 is useless.
At the 4-hour level, 109,314 has been breached and needs to retest 107,981-107,182, or even lower.
Continuing with the chart: At the daily level, this bearish engulfing has not been resolved for 3 days, and if it remains unresolved, it will continue to linger around this bearish candle seeking volatility.
Until it breaks through or falls below, look at the yellow arrow below; the volume of the rise over these three days is in a state of shrinking increase.
However, the price remains high, and there is a slight divergence at the daily level, reminding students to be cautious of risks, not to follow blindly, and to manage stop losses properly. Meeting adjourned.
$BTC #巨鲸JamesWynn动态 #内容挖矿赢最高100%WCT返佣 #Strategy增持比特币