Comment $BTC May 16:
The article is based on personal opinions. You guys can refer to it and make your own strategy
- D1 frame: BTC continued to decrease to 101x yesterday but at the end of the day, the green beard was pulled up to 104x, causing my short t3 order to be stuck.
D1 chart is still in an uptrend, but the indicators are quite weak, although yesterday's candle had its beard pulled, it seemed a bit of a trap, so in my group, I still call that you guys should continue to short, not long this area.
Support: 1025 - 1013
Resistance: 1045 - 1058
- D4 frame: Today's D4 chart will close the candle on tradingview.c, let's wait and see how the candle closes. A decline is still very necessary.
=> Comment:
- I still don't have any other comments, so I'm posting late today, BTC continues to decrease deeply. Green pumb columns like last night are good opportunities to increase short positions.
- I have updated the price zones in detail in the message.
Good luck everyone!