There are countless trading indicators, each containing its own energy. As long as you clearly understand the logic behind the indicators and can apply them in practice, you can be your own master. You will know the reasons behind your profits and losses, at least you will know why you made or lost money, rather than being confused.

In the previous article, we discussed the application methods of short-term indicators MA5-7-15. Now let's talk about the application methods of medium to long-term indicators.

Although MA is such an indicator, different moving averages represent different trends, and the time periods may vary slightly.

The MA moving average in the chart is quite clear. Bare K is also based on technical indicators; it doesn't mean that technical indicators are unnecessary. When both bare K and technical indicators point to the same position, at least you know where the support is.

Pay attention to the MA180 moving average at 92700. Today is Sunday, and over time, the MA180 indicator will be around 93500.

So now with Bitcoin at 95500, if it pulls back, first look at 93500. If it breaks below 93500, then the space for your downward pullback will be a little larger.

The MA30 moving average is currently at 88000, and over time it will reach around 89500.

The MA60 moving average is currently at 86200, and over time it will reach around 88500.

Currently, if Bitcoin pulls back to 93500 and holds, then Bitcoin will continue to look bullish. If Bitcoin breaks below 93500 and does not hold, then the next buying position will be around 90000. If the price breaks below 89000 and still does not hold, then the bear market has truly arrived. Because if it goes further down, there will be support.

Bare K

This is the bare K (K-line) without looking at K lines, without looking at indicators, just simply drawing two lines. As long as you have a rough idea of the resistance and support levels, you will be fine; bare K is that simple.

That's all for today about technical indicators. You learn one technique daily; you handle the likes, and I'll handle the output.