Today's $BTC Analysis
K-line Pattern:
Recently formed a double top structure around 95000, short-term correction is needed
Strong support exists around the previous low of 93000
Technical Indicators:
MACD daily line shows a high position death cross, 4-hour level fast and slow lines cross below the zero line
RSI daily line maintains in the 65 overbought area, 1-hour level has retreated from 55
EMA7 crosses below EMA30 forming a death cross, current price is under pressure at 94650
Trading Volume:
On April 28, a bearish candlestick with a volume of 2654 appeared during the crash
Today's rebound shows a significant decrease in volume, with a trading volume of 182 being only 6.8% of yesterday's peak
Price Trend Analysis
Buy Point: 93000 U
Long Stop Loss Point: 91500 U
Sell Point One: 95000 U
Short Stop Loss Point: 96500 U
If anyone feels confused due to market fluctuations and does not know how to cope with being trapped, or feels misled during the operation process, feel free to communicate!
