4.23 Chen Fei Talks about Currency
After the bullish effort in the evening, the market for Bitcoin touched a high point around 95700, and then the market hovered around the upper band. However, the Bollinger Bands and the MA moving averages overall did not keep up, and there is insufficient support below. After the rise, there may be potential for a false bullish signal. In the attached chart, the KDJ bullish is at the top position, and the MACD bearish trend is also increasing overall, so I suggest continuing to operate with short positions during the rebound.
Bitcoin (BTC)
Direction: Short Position
Current Price: 95800～96100
Take Profit: 95000～94200
Stop Loss: 96600
An 8-year veteran in trading, skilled in various operational techniques, accurately grasping highs and lows to manage positions, steadily handling trades, and no difficulties in trading. Everyone is welcome to exchange ideas.
