BTC trend judgment: 4-hour market up, 1-hour up [price trend analysis]
1. K-line pattern:
- The price is around 70100 high, 49000 low, and 55800 current price, the general direction is bullish
Four-hour formation 2b (irregular), K-line pattern is bullish One-hour formation 2b, bullish
2. Technical indicators:
- RSI: 4-hour RSI (1) is 50, RSI (2) is 40, which is relatively lower and moving towards the middle track, but beware of callback risks.
1-hour RSI (1) is 55, RSI (2) is 66, which is relatively close to the middle track area, but beware of callback risks.
- Bollinger Bands: Around 73800 on the top, around 54400 on the bottom, around 64100 in the middle. The current price is (bullish) after breaking below the lower band and returning to the band. Currently at the downward port, pay attention to bullish and bearish news. 1 hour is within the lower band and 12 hours is (bullish), be careful of callbacks.
Comprehensive analysis:
BTC is currently in an upward trend, and there is obviously strong pressure from above. In the short term, the upper pressure is obvious. If it breaks through 56,300 and stands firm, go long. Pay attention to the support and barrier below 53,500. If it falls below 53,500 and stands firm, go short. Low-long is the main, and high-short is the auxiliary, but it is inevitable to insert pins
[Buy and sell points]
72798-73777 monthly pressure
68300-70100 weekly pressure
65500-67000 daily pressure
63400-64500 short-term pressure
62600-60000 short-term pressure
57400-58000 short-term pressure
54000-55000 short-term support
53000-52000 short-term support
49000 monthly support
