The weekend is always short, and a new week has begun. Yesterday’s updates were so slow that there is nothing much to say. The more than 100 updates for the whole day are not worth mentioning!
The highest price of Bitcoin yesterday was around 26,600, but it is obvious that the resistance of this strong pressure level is still effective! The price of Bitcoin has failed to effectively break through this strong pressure level after multiple attempts, so we can temporarily treat it with a high-altitude mindset!
Okay, let’s get back to the topic!
Judging from the four-hour candlestick chart, the Bollinger Bands are shrinking and parallel. The price of the currency has been oscillating around the middle track when there is no effective breakthrough between the bulls and bears. The MACD double lines are parallel and have a downward trend. The bulls and bears have been pulling back and forth for several consecutive days. The KDJ three lines turned downward, and the short energy is insufficient. It is recommended to wait for the rebound first and then go short, which is more stable!
From the hourly candle chart, the Bollinger Bands are parallel, and the upper small range pressure level of 26900 is already strong. It is difficult to break through without any news. MACD is a horizontal line, just follow the trend!
When you have learned Brother Yao’s ideas and strategies, even when you are making orders independently, you can analyze the dynamics and follow the market instead of blindly guessing the rise and fall!
Today's operational ideas
Big cake 26500-26700 short, target to 25800-26000, defense 27200. Fail to break through and then reverse!
The specific operation shall be subject to the actual situation.
The operation is for reference only, please act with caution!
The above views only represent personal views.
The timeliness of the article is delayed.
Investment must be done with caution, welcome to consult!
