Let's take a look at the Bitcoin (BTC) market strategy at noon on May 13. From the chart, BTC's daily line has fluctuated over the weekend for two days. Although two red K-lines appeared, the daily level is still suppressed by the MA30 daily moving average, and the overall market shows a downward adjustment trend. The key lies in the MA120 daily moving average (58600) below, which will become the key support point for the market retracement. From the trend point of view, the possibility of the price falling back to the daily MA120 daily moving average increases, and the 12-hour MA256 daily moving average (57600) needs to be paid attention to as support. In the short term, the 4-hour level currency price runs below the moving averages, and the 60500 line forms a short-term support, while the 62000 line becomes the high point pressure of the rebound. The 1-hour level rebound high point is supported by the MA120 daily moving average (61600). The focus of the day will be on the breakthrough of the 61500-62000 pressure price band.
The operation suggestion for the afternoon is: first, open a Kong order directly at the 61500 line, and set the target at 60500. If it breaks, continue to hold and look down to 58600. In addition, it is not recommended to open a
duo order for the time being. If it quickly falls below 58600, you can consider opening a duo order. For reference only!
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