Hello everyone, I am Panda Brother. I mentioned this a few days ago.
$BTC The daily line clearly aims for the peak, which I have mentioned at this position.
I hope friends who have it received it. No need to thank me. Just follow me. When it breaks a thousand, I will send red envelopes.
Next, I will analyze in detail the market's upcoming direction, including entry positions.
This is the daily chart of Bitcoin. Friends who saw my article a few days ago, do you still remember? I mentioned that the clear signal for an increase is that it should reach the top at the daily level. The red area above this chart is a central resistance level on the daily line, which is the selling pressure zone in the indicators, and it is currently pressing right against this central edge. Bitcoin's next movement will gradually start to decline for a correction. Brothers, during the correction, do not take too many long positions. If you go short, just hold on. Many people think like this: the bull market has returned and I haven't boarded the train yet, so it's unrealistic to buy during the correction. As long as you buy in during the correction, whether it's a contract or spot, going long will definitely lead to being trapped. It will trap you tightly. According to market logic, when the daily level reaches the center, it is the turning point of the market. If it breaks the center, Bitcoin will break 100,000. If it is suppressed by the center, going down to 80,000 is not the bottom. I have already gone short. If the trend reverses and breaks the center, I will stop loss and exit. I won't hold onto the position. Every trade will have strict take-profit and stop-loss. Think about how you got trapped; isn't it just a matter of holding onto a lucky mentality? Having strict take-profit and stop-loss is a necessary course for making money.
