$BTC Rising momentum is weakening, a downward waterfall is about to arrive❗️ Explosive rise to lure buyers, do not blindly follow the trend⚠️
After two consecutive days of fluctuating upward movement, fluctuating upwards by 3000 points
Currently still fluctuating upwards within the Bollinger Bands, momentum has decreased, the previous high is around 108200, combined with KDJ about to form a death cross near 80, due to the position not being high, the downward point will not be too much, around 107500, which means continuing to adjust upwards near the inflection line, then declining near 107900, breaking the inflection point will lead to a retest of the broken area. Forming a downward trend
Trading strategy as follows
After the second break below the inflection point, enter a short position with a light position, and add to the position after breaking the downward trend point
Stop loss: 108500
First take profit: 106000
Second take profit: 105300
Third take profit: 104500