4.23 Cryptocurrency Academician: 88000 short position was cleared? No problem! Go long, 91000 perfectly cashed in! Latest market analysis reference
The essence of trading is survival, and only second is profit, so before each operation, think clearly about whether your operation is reasonable, whether the principal is safe, and form a trading mindset that belongs to you. Continuously optimize and improve it. Although the suggestions from the cryptocurrency academicians may not make you rich overnight, they can keep you going. Only those who can survive in the cryptocurrency world for a long time and persist until the end can achieve the results they want. I hope you can understand,
The current price of Bitcoin is 91150, and it is now 2:30 AM Beijing time. Yesterday, the short position above 88000 was cleared. If you are wrong, admit it and do not resist the position. Go long at 91000 and cash in. The previous two stop-loss orders have already been made up for. Remember that the essence of trading is survival, and profit comes second. Therefore, our goal is to minimize losses and maximize gains. Just execute according to the system, and we only need to plan trades before the market opens and then trade according to the plan during the market
The daily K-line has reached a maximum of 91700 and a minimum of 87000. The bulls have opened up space above but have not completed or confirmed a clear pullback. The short-term bullish trend remains unchanged, and the daily K-line stands above the EMA trend indicator, stretching out in a straight line. The trend has begun to go bullish, the EMA is also contracting upwards, MACD continues to increase in volume, and DIF and DEA have broken the 0 axis line into a high position. The upper pressure level of the Bollinger Band at 89700 has lost ground on the K-line upwards, further confirming the upward trend.
The four-hour K-line has broken the previous high again and is facing resistance at a high level. The EMA trend lines are all stretching upwards. The EMA15 trend support is at 89000. MACD continues to increase in volume, and DIF and DEA have stretched and broken through the energy indicator. The K-line is expanding upwards around the Bollinger Band, and it is currently facing pressure above 90800, and it is expected to further rise. The short-term bullish trend is effective and can be held.
Short-term strategy reference: Safety first, minimizing losses and maximizing gains is the goal,
Bullish entry point 90000 to 89500, with a stop loss at 89000, stop loss 500 points, target looking at 91000 to 92000, break point looking at 92500.
Bearish entry point 93000 to 93500, with a stop loss at 94000, stop loss 500 points, target looking at 92000 to 91500, break point looking at 91000.
For more information, you can consult the author. The publication of the article is delayed, and the suggestions are for reference only. Risk is self-borne $BTC