Before the new market trend appears, it’s basically a range fluctuation between the support level of 925 and the resistance level of 99 to capture profits. However, this way the amplitude will be a bit large, so let’s be more precise.
First, the psychological pressure level is at 980, and the technical pressure level is at 995.
So, at the 4-hour/daily level, 925 is strong support, but these two days have been testing the new support level of 950.
For those who like to trade BTC intraday, you can shrink the fluctuation range to between 940 and 980, from which you can find entry points for long and short positions, as well as a stop-loss point of $BTC .
Trading is this simple.
