9.6 Weekend Market Overview: $BTC BTC Long and Short Both Hit 2000 Points
BTC closed with a long upper shadow doji, moving sideways or trending down during the day
Yesterday, we broke through the 11.13 neckline position to go long and made a profit of 1000 points before exiting; after the non-farm data was released, there were fluctuations up and down, and after the US stock market opened, it fell back to the neckline 11.13 again, going short and making another 1000 points, totaling a profit of 2000 points before exiting.
BTC is fluctuating widely within an ascending wedge channel; waiting for a pullback to the lower trend line and the support at 11.04, which should not break or, if it does break, a retest upwards to go long, with a stop at the previous low of 10.94; targets are 11.1372 and 11.21; conversely, if the entity breaks below the trend line, go short, with a stop at 11.13, targets at 11 and 10.98; high short position at 11.3, stop at 11.34, targets at 11.24 and 11.13, tail position at 11.08.
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