BTC Tomorrow's Trading Strategy
This morning, the closing price of Bitcoin formed a doji, indicating that there is currently a divergence between the bulls and bears. The daily sequence is high at 9, pay attention to the closing situation at 8 AM tomorrow.
The nine-turn sequence works better only in secondary reverse waves or oscillations, but if it enters a primary positive wave (one-sided rise), the effect is not good. The nine-turn is more suitable for oscillating markets or weak markets, and is not applicable during sharp declines in bear markets or in strong bull markets. That is: ① In a rising trend, look for low 9; ② In a falling trend, look for high 9; ③ Against the trend, look for divergence 9; ④ The killer technique of the nine-turn sequence in oscillating markets. If the market is in an upward cycle, the low 9 during pullbacks is effective, while the high 9 often fails. If the market is in a downward cycle, the high 9 during rebounds is effective, while the low 9 is not useful. When rising, low 9 can help the rise; when falling, high 9 can help the fall; when it rises, high 9 is needed to end the rebound and show a divergence resonance; when it declines, the decline ends with low 9, showing a divergence resonance. Of course, the sequence is not a rule and is generally not used alone. It should be used in conjunction with structure.