5.21 Bitcoin Auntie's Latest Trend Analysis

Yesterday, we shorted at the highest point of 106800 and exited at 104100, gaining 2700 points!

Looking at the current market, the daily candlestick has a high of 107950 and a low of 104100, the EMA15 trend quick line support has reached 103000, and it is clear that the bottom is rising rapidly. The resistance level at the top is focused on the upper Bollinger Band at 109500, which has also moved up. The middle band has come to 101500, and the MACD has formed a dead cross trend with a top divergence, indicating that the main force is now prepared for both scenarios, with one goal: liquidation.

The four-hour candlestick shows a bullish doji, and after a dip to the EMA30 trend support at 104300, it is stretching upwards, with a high probability of attacking the previous high. The MACD shows an increase in volume, enhancing bullish momentum. Wait for the stretch to break the previous high before considering short positions for trial!

Trading Suggestions:

Bitcoin: Short in the range of 107500-108000, target looking at 106000-105000

Auntie: Short in the range of 2600-2650, target looking at 2500-2450 $BTC $ETH