August 11th: Bitcoin's comprehensive trend analysis next week, operation strategy layout, online unwinding
BTC/Daily Chart
Bitcoin daily level, first: After the price bottomed out at 59,500 on Friday, it just reached the strategic buying point in the article on Friday. Yesterday, it closed with a cross star. The long and short positions are facing a stalemate, which means that last week's weak correction has turned into a strong correction. From the perspective of the strong correction, after the strong correction is over, it is expected that the trend will return to the upward trend on Monday. It's just that he came a little unexpectedly. The trend is larger than expected all of a sudden, and it seems that he wants to make a strong correction in one step. Second: Judging from the current trend, if it ends with a morning star today, it will probably not step back to Friday's low of 59,500. If the market shows a K-line divergence, the best entry point is expected to be around 60,500. After all, today is the weekend, and the possibility of a large market is very small.
BTC/4h chart
Bitcoin 4h level, temporarily in the short term in the 59500 ~ 61700 range of oscillation consolidation, combined with the daily line if there is a divergence, start to decline, need to pay attention to the position near 60500, it is not only in the split support, but also the previous rise, it is very likely to be the lowest buying point from today to next Monday, support 60200, resistance 62500
Strategy 1: It is recommended to 60500 ~ 60000 batches / long, stop loss 59500, the target is 61500 ~ 62500 break can be held / duration until tomorrow