$BTC Three times the bottom support held! How to layout for false breakthrough traps?
The big cake has already held at the position of 101500 three times without falling, this support is too strong!
Now in this market, whether chasing up or killing down, it's easy to get slapped in the face by the main force. If you want to play, just short at the top area and go long at the bottom area. Don’t get itchy in the middle position; entering there is just sending yourself to be cannon fodder!
The most deadly thing in this kind of market is to stubbornly hold positions. The hourly chart is now compressed into a triangular oscillation; the bears at the four-hour level have no chance to directly smash the market. The right way is to honestly high sell and low buy!
Especially keep a close eye on the FTX bankruptcy liquidation issue. On May 30, the second round of profit sharing, I personally think the main force may first pull a false breakthrough and then smash the market back down. It must first create a new high point to form a second top divergence on the four-hour chart, and at that time, ambushing long positions at the bottom of the range will be safe!
Want to recover losses? Want to make profits? Layout potential coins, open to everyone, leading you to seize the main wave of the bull market!
