BTC, hello everyone, at this moment it's the early morning of the 8th.
Let's discuss the larger scale logic,
for reference only,
76000—75000 long stop loss must be set at 74000,
Target positions around 79000, near 80000, 83000.
As mentioned a couple of days ago, 76000 cannot be broken,
It fell to the MA60 line at 74500.
If it falls below 75,000 in the next couple of days,
it will test the 10-day line around 70,000, plus or minus about 1000 USD,
The 15-day line is around 63000.
However, on a smaller scale, it won't break below 75000 for the time being,
There will be a sharp rebound, a small-scale rebound.
For a larger scale bullish trend to develop, the weekly trend must break through the daily level of 87000.
At this moment,
the 2-hour level resistance is 81000,
the 4-hour level resistance is around 81700,
the 6-hour level resistance is around 82400,
the 8-hour level resistance is around 82800,
the 12-hour level resistance is around 83700.
The daily level resistance is in the range of 86400—87000.
If the daily level breaks through, any pullback on the small levels is an entry long, making it easier to emerge from the weekly single-sided trend up.
