There is no better standard multi-level resonance entry point than this. Small to large · range fitting · trend completion is perfect 😀. Figure 1 is a one-hour consolidation trend, and whether it can form a 2 buy depends on the range being fitted into the 1h secondary level 15f Figure 2. The 15-minute MACD near the red circle clearly shows divergence, but the secondary level trend is not obvious (the green 1 position is near the red circle for the 5f level, just a 5f-like consolidation, and there is no divergence, so from the 5f perspective, the red circle position is not a 5f entry point). So how to determine the entry point at the red circle position? Go to the 15f secondary level 3 minutes, 👀 Figure 3.
#$BTC is oscillating, eventually a direction will be chosen. In the afternoon, it seemed to be forming a converging triangle; 81000 is being held very firmly. A converging triangle generally will correct towards key points, as shown below. Near the key point, there might be a rebound, but if it cannot reverse the trend, it will continue to break down.
The weekend liquidity is really poor 🥲, the 1F K-line of Bitcoin is almost distorted. After all the negative news has landed, plus this time it didn’t follow the U.S. stock market, it feels like the entire crypto market is a bit confused, which also reflects the mentality of most traders; going long doesn’t rise, going short doesn’t fall down 🤣. It’s up to time now, the market is not short of opportunities, only waiting.
#BTC Personal Opinion: 84685 will break through, there's no need to keep grinding at the top without coming down. No break, no establishment. The 15-minute MACD has a divergence tendency, so we can only pay attention to it for now, because the 3-minute hasn't finished yet. Transition from 3 buys to 2 sells, expanding downwards. Currently, the 3-minute is in a consolidation trend, somewhat resembling a central running pattern. The main focus is whether the breakout segment is strong. The current shape is fine and hasn't looked too bad. If it doesn't want to attack upwards, it could have completely dropped to around 82800 just now. Wishing you good luck.
How courageous to add more? 4H buy 2, 15F buy 2, currently breaking away from the 3F 15F consolidation zone. Buy 3 also has levels and will form transitions in order. The previous article mentioned not breaking the consolidation zone during a pullback, remember that. a➕A➕b does not diverge, so even if it returns to the orange zone and oscillates, there is still a chance to break out. Refer to the diagonal position. Everything is in the present, not in the name of the present. ㊗️Good luck to everyone.
Currently, the #BTC trend is still relatively weak. The most intuitive reference point in the short term is to observe when the trend breaks away from the orange consolidation zone. Once the trend rebounds and does not return to the orange zone, it indicates a bearish mindset. Conversely, the bullish mindset requires breaking through the orange zone first, and a retest that does not enter the orange zone marks the beginning of an upward breakout. Finally, please use your eyes 👀 and do not make trades based on personal will. ㊗️ Good luck to everyone.