#止损策略 4. Morning Market Overview on April 18: US stock market closed for Good Friday, Bitcoin continues to fluctuate
Bitcoin closed this morning with a large bullish candlestick, continuing to oscillate upwards during the day; yesterday's candlestick pattern showed a bullish piercing, and during the day it also opened low and closed high, completing a bullish formation
Tonight, the US stock market will be closed to commemorate Good Friday, so the market may not have much fluctuation over the next three days. Although today closed with a large bullish candlestick with upper and lower shadows, it still completed a higher bottom, and buying on dips is still advisable
85 remains a strong resistance, multiple touches have led to pullbacks. On the left side, you can choose to short at 85.4-85.8 with a stop at 86.5, targeting 83.8 and 83; on the right side, wait for a breakthrough of 85 and then short on the pullback
83-83.5-83.7 are all valid entry points for long positions below. On the left side, you can choose three points to ambush for long positions, targeting 85 and 85.8; on the right side, you can wait for a pullback to the support level and then enter long positions
The range of 83-85.8 has clear and orderly candlesticks; as long as it does not break or exceed, trading within this range remains effective; this range has been oscillating for three days. If you catch each fluctuation, you should have gained at least 10,000 points. If you haven't caught it, that's okay, just continue to wait. While it may be uncomfortable to miss out, it is safer, and you should also consider whether it is suitable to trade
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