Bitcoin Operation Strategy: The big coin welcomes a crazy moment, the opportunity to buy the dip is here!
The decline of the big coin in recent days has been significant, affected by the global economy with a major correction proving that the market has entered a weak phase. Today, as the market touches the 80,000 position, it is possible to operate in buy-the-dip mode. From this, we can see that there has been a considerable amount of chips absorbed at this position recently; otherwise, there wouldn't be such fluctuations between long and short.
From the four-hour chart, we can see that the coin price has already extended its bottom. The significant reduction in the green energy bars during the decline indicates that the downward momentum is ready for a rebound. Moreover, observing the attached indicator, the MACD's fast line has crossed below the slow line, which has transformed into bullish green energy while reducing. Based on these points, the upward momentum in the following days is expected to expand. Btc1207
Strategy: It is recommended to enter long positions around 80,200, with a risk control of 500 points. The target position is looking at 82,400-84,400, and then consider 86,400 for further action.
Director Dong has been engaged in the cryptocurrency market trading for a long time. For friends who are still confused in their operations, it might be helpful to take a look at the teacher's strategies and videos, with real-time guidance available all day. If you find it difficult to grasp short-term trades or if your mid-term positioning isn't ideal, you can follow my Weibo: Director Dong's real-time cryptocurrency insights. Everyone is welcome to like and follow.