📰 Impact of news:
1. The ceasefire agreement reached earlier did not take effect, and Trump believed that both sides violated the agreement
2. Federal Reserve Chairman Powell delivered a speech 3 hours later
📈 Market analysis:
I haven't updated BTC for a while. Today I want to share my views on BTC with you. BTC is currently encountering resistance and pressure at the 106,000 level and is beginning to retreat. From the technical indicators, MACD is in a dead cross, and RSI is retreating after reaching the overbought area. There is no problem with the short-term bearish trend, and it is expected that it will be able to retreat to the 104,500 level without much problem. However, the recent decline in the gold market, DXY market, and crude oil market may cause funds to flow into the BTC market.
🏅 Trading strategies:
SELL 106000-105500
TP 105000-104500
BUY 140500-103500
TP 105000-106000
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
1. The ceasefire agreement reached earlier did not take effect, and Trump believed that both sides violated the agreement
2. Federal Reserve Chairman Powell delivered a speech 3 hours later
📈 Market analysis:
I haven't updated BTC for a while. Today I want to share my views on BTC with you. BTC is currently encountering resistance and pressure at the 106,000 level and is beginning to retreat. From the technical indicators, MACD is in a dead cross, and RSI is retreating after reaching the overbought area. There is no problem with the short-term bearish trend, and it is expected that it will be able to retreat to the 104,500 level without much problem. However, the recent decline in the gold market, DXY market, and crude oil market may cause funds to flow into the BTC market.
🏅 Trading strategies:
SELL 106000-105500
TP 105000-104500
BUY 140500-103500
TP 105000-106000
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.