【Not just showing off, but also learning something! Detailed review of the recent BTC rise】
Reviewing this period of BTC's rise, it can be roughly divided into three phases:
1. The phase of crazy rise along the ema7
2. The phase of significant pullback due to overextension
3. The phase of divergence and surge upwards
A Leng has already provided detailed opportunity points in the first image, most of which have been publicly reminded. However, now that we know how much has been made after the fact, it doesn't hold much significance. What I want to share with everyone is the common patterns in trend markets that I've always talked about.
After a cryptocurrency has started a relatively clear bullish trend with aligned moving averages, we essentially look for long positions using this formula:
15min vegas channel ➡️ hourly K EMA7 chasing long (some markets may swap the order with previous parts) ➡️ hourly K EMA30 ➡️ hourly K EMA60 ➡️ four-hour K EMA30 ➡️ four-hour K EMA60
After going through the above process, the bullish frenzy often comes to an end, initiating a large-scale pullback. Careful friends may notice that currently, BTC only has the four-hour K EMA30 and EMA60 that have not yet retraced; undoubtedly, this will be the main theme for the next few days.
If you can grasp these phases during a crazy bullish market, you can be considered to have learned how to handle trend markets. Even if you missed this market phase, I sincerely hope you do not miss the opportunity to summarize this phase! If you don't understand EMA, it's okay; my pinned article on my homepage, K-line teaching lecture seven, offers free teaching. Hurry up and take action! Learn, learn, learn! Teaching someone to fish is better than giving them fish. Everyone is welcome to leave comments or questions, and of course, a like and follow would be the best! #比特币市值排名 $BTC