#TradersLeague
Set a tone chart for July, the upcoming week, and two days
First,
The daily trend triangle shows
that the recent daily line may oscillate slightly upward
but the overall downward space is quite large
especially if it breaks the long side of the triangle
then there may be a dramatic fall
For players holding spot at the monthly level
this trend can be referenced to make appropriate waves
and reduce the cost line of Bitcoin
Contract players should prioritize short positions as much as possible
If going long
it is especially important to manage expectations well
and ensure proper take profits and stop losses
On the 15-minute level, it is highly likely that oscillation downward may continue
and there may also be a sudden small waterfall downward
These are all releases of the same wave of momentum
Then encountering a certain support level will lead to a strong rebound
forming daily upward oscillation nodes
This will repeat several times
exhausting the upward oscillation momentum at the daily level
and then a waterfall decline will come when the momentum is exhausted
For the decline support level, mainly look at how it breaks through the diagonal side of the triangle
If the support level holds
the subsequent trend will need to be followed up with analysis
If the support level is broken
Bitcoin will enter a stage bear market
it will be very difficult to recover in the second half of this year
Although I can't control my hands
overcoming human nature really makes me extremely uncomfortable
but my rational analysis is still generally reliable
Mark this
