3.3 Chen Fei Talks About Currency
On Monday, the market bulls began to show strength, and after the market reached around 95,000, it has now pulled back to around 92,700. Currently, the mid-band position in the market shows a clear support level for an upward move. The Bollinger Bands overall are opening upwards, and the MA moving averages are trending upward with the price. From the perspective of the overall market trend, it is still expected to rise, but during the day, a pullback is necessary first, so it is recommended to consider going long on the pullback.
Bitcoin (BTC)
Direction: Long
Limit Price: 92,300 ~ 92,000
Take Profit: 93,100 ~ 93,600
Stop Loss: 91,500
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