11.8 Midday Thought Analysis
Morning high for Bitcoin, with a profit of 400 contracts from the first option, 30 contracts from the second option, and 8000 oil from the Lott.
Bitcoin reached a maximum around 76500⬇️ moving towards 75600,⬇️ down 800 contracts. Currently running around 75800.
From the hourly chart, the K-line is blocked by the Bollinger Bands, with the MA5 and MA10 moving averages exhibiting a dead cross, and the bullish momentum bars shrinking, showing a⬇️ downward trend.
Personal opinion, for reference only.
Midday Trading Suggestions
Bitcoin rebound around 76200—76600
Target 75200—74600
Second option rebound around 2920—2940
Target 2860—2830
