4.19 Zhang Lihui: Is the saying 'after a long period of stability, a drop is inevitable' realized again as Bitcoin reaches its peak? Today's (BTC) market analysis and trading reference! #币安Alpha上新 #BTC #BTC走势分析 #BTC走势分析 #BTC🔥🔥🔥🔥🔥 $BTC
Yesterday, Lihui once again captured the daily MA220 high point pressure, with short positions set up in the 85100-85500 range currently held. The target has reached the first goal mentioned in the article; those lacking patience can choose to take profits. The market has entered a sideways phase ahead of the weekend, and a small range is quite normal; it can be clearly seen that the current market is in a 1-hour oscillating downtrend channel, with a continued increase in volume below the 0 axis. Although not strong, the bearish sentiment is still developing, and the fast and slow lines are still in a difficult convergence. Therefore, Lihui believes that the downside space has not yet been exhausted; currently, we are looking at the EMA120 and EMA180 (84300-83900) range for a breakdown, and it may be worth considering positions below EMA300 (83650);
Thus, today's first resistance level above can be seen at the 4-hour upper track of 85000, with top resistance at MA380 and EMA300 positions, and bottom support still looking at the EMA120, EMA80, and EMA60 triple support levels that Lihui has mentioned multiple times. This is also the second target take-profit level for shorts and an opportunity to consider entering long positions; judging from the fast line once again diverging from the slow line, the bearish trend appears to be quite stable. Fortunately, it is the weekend; otherwise, the downside space would be significant, with continued volume increase below the 0 axis. During the day, we need to continue monitoring whether the downward speed is fast enough. If it is fast enough, we need to adjust the take-profit levels and long position entry points; we must also pay attention to whether the daily mid-line can be supported again to guard against the saying 'after a long period of stability, a significant drop is inevitable'!
Zhang Lihui, April 19, 4:51 AM Beijing time, edited: Today's Bitcoin market analysis and trading suggestions:
Suggested short entry point one: above 85000; target 84500-83500; if breaking below 83400-83000, can continue to hold;
Suggested short entry point two: above 86200; average down at 87100-87500; stop loss at 87800; target 2000-3000 can be adjusted freely!
For long positions, continue to watch 83000 and the EMA120, EMA80, EMA60 triple support for entry. The weekend market target can be seen as 1000-2000 points to take profit freely!
The specific entry opportunities at the above points can be subject to Lihui's real-time notifications! The article review and push have delays; the market changes rapidly, and specific entry opportunities must be combined with real-time operations, based on real-time notifications. The suggested points in the article are for reference only, and please avoid heavy trading.