BTC Trading Strategy Breakthrough How to Choose
After a recent period of price battles, the coin price has not been able to achieve an effective breakthrough above, but instead has formed a second new high, indicating a trend awaiting a significant decline. From this week's price movement, it can be seen that the downward space points are continuously narrowing. From the hourly price chart, it can be observed that the high points are continuously moving down, but the larger trend indicators have not broken again, indicating that the subsequent upward momentum may be limited. Therefore, in the upcoming price battles, I am more optimistic about the bearish trend. Guidance: btc1207
Strategy: It is recommended to enter short positions in the range of 122800-123000, with a risk control of 700 points and a target position looking at the rebound range around 118400-1106500. If the downward pressure is not significant, a long position can be entered again.
Director Dong has been engaged in cryptocurrency market trading for a long time. For friends who are still a bit confused in their operations, it might be helpful to look more at the teacher's strategies and videos. Real-time guidance is available online all day. If you find it difficult to grasp short-term trades or if your medium-term judgment is not ideal, you can follow my Weibo: Director Dong's Real Trading Insights. Everyone is welcome to like and follow $BTC .