Lingling's 7.16 market analysis—— $BTC

The reference period is 4H! The current idea is actually no different from that of most domestic and foreign chart bloggers, all waiting for a retracement. When the market needs to determine the rising structure, a higher low point is needed as a retracement, but it is currently only the rising stage of the breakthrough market, and no effective retracement has occurred.

This is the so-called "see the bearish but not short", because in the rising trend, it is unknown where the price will rise before it is blocked and retraced, and the risk of shorting is high, so choose to wait patiently for the retracement to support, and then go long. Personally, I will wait for the 4H Stoch RSI to drop to a low point before looking at it. #BTC翻倍之路 #大盘走势难测