11.21 Qin Feng's Afternoon Thoughts
Continuing the bearish outlook from the morning, the lower band of the Bollinger Bands at the 1-hour level has been breached, MACD has crossed downwards and the green bars are expanding. A short-term rebound can be expected at 85,000, and short positions can be entered based on this level.
$BTC operations can be executed around 85,000-84,000 for a target of 82,000-81,000; if it breaks down, watch for 80,000. #BTC走势分析
Continuing the bearish outlook from the morning, the lower band of the Bollinger Bands at the 1-hour level has been breached, MACD has crossed downwards and the green bars are expanding. A short-term rebound can be expected at 85,000, and short positions can be entered based on this level.
$BTC operations can be executed around 85,000-84,000 for a target of 82,000-81,000; if it breaks down, watch for 80,000. #BTC走势分析
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