GM☀️Today is February 27, Bitcoin 4-hour level long and short [buy and sell points] sharing:
- Long point 1: 83000 USDT (close to the previous low support level, integer level may form buying)
- Long point 2: 82000 USDT (further down to a stronger support area, near the historical low)
- Long stop loss point: 81500 USDT (fall below the important support level to prevent the risk of a deep correction)
- Sell (short) point 1: 86000 USDT (close to the EMA7 pressure level, and also the recent rebound high)
- Sell (short) point 2: 87000 USDT (close to the previous band high, there is a large selling pressure)
- Short stop loss point: 87500 USDT (Break through key resistance levels and avoid trend reversals)
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Why trade in the cryptocurrency world? Because there are endless possibilities.
You never know how high it will rise! How low it will fall!
So avoid going against the trend and follow the trend. Look at the picture below. Bitcoin formed a support at the bottom when it was 86,000, and then fell to 82,000. Will it fall to 74,000?
Back to the beginning, everything is possible!