5.10 Coco Sister's BTC Market Strategy at Noon *1
, the market rebounds from oversold and there is a short-term rebound demand, pay attention to the gains and losses of the 64000 pressure level
From the chart, after the correction and decline in the previous few days, the current price of Bitcoin has ushered in a short-term correction. From the 6-hour chart, the current price of Bitcoin has rebounded again and is about to reach the MA120 daily moving average position. The previous market rebounded from this line and then went out of the correction. It is now approaching this position again. It is necessary to pay attention to whether it can break through this position pressure level in the future. At the same time, at the 12-hour level, this position is also the MA60 daily moving average suppression position. These two positions are the 63800 line. In the future, you only need to pay attention to whether the suppression of this line is effective. For the first time approaching this position, you can consider going long and bearish.
In the short term, the 1-hour level is currently suppressed by the MA120 daily moving average (63000), and the 2-hour level is suppressed at the MA256 daily moving average position (63100). This position will become a short-term pressure point for the market. If it can break through and stand above, it will continue to rise and challenge the 64000 pressure level mentioned above.
If you have been chasing ups and downs, hesitating, worried about gains and losses, and fighting alone, you might as well find Coco sister below and marry me 👇👇👇👇 green bubble \/:
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Lunch operation suggestions:
1*63000 first light position short once, rebound near 63800 increase position short once, target 61800
2* Long order suggestion after the market stands at 63000 light position and long look at 64000 pressure level
