#币林寺本轮BTC牛市高点预期33万美金
Review of the previous post trading reference:
1. Low long, not high short
2. Enter long at the trend line edge of 82000
3. Do not short at resistance 85000, chase long on the right side or add to positions in profit
4. Reached the first take profit level in area B (see previous post for details)
5. If the 4-hour level breaks below 82300, seek support at 81000, with the lowest price at 81100
Overall expectations for the market have been nearly consistent with previous assessments.
3. Technical analysis of BTC on March 20:
Daily: ma5 10 short-term trend is bullish, medium-term trend is bearish, and long-term trend is bearish. Currently, the market is still defined as a rebound rather than a reversal. The first resistance is at 86400 (the highest point on March 9 and the edge of ma30). The market has trapped some short sellers, and it is expected that the market will narrow its fluctuations or spike at the resistance level to trigger stop-loss and liquidation orders. Overall trading reference: low long, not high short, continue to hold previous positions as planned.
Four hours: Forming pattern (ascending triangle, higher lows, same horizontal line for highs). The current price is entering the previous small box area (indicated in the chart), and during slight declines, positions that are trapped should be released in this range of 85800--86800. Trading reference: Friends who have not entered can enter long on the left side of the upper edge of the ascending triangle during a pullback, and add positions on the right side after the pullback ends and the previous high is breached.
(Short positions trapped, altcoins trapped, short-term trading, technical exchange, follow for updates, live analysis) #BTC突破33万大关