The overall market trend is largely in line with my analysis chart. Today, the Bitcoin market shows a pattern of high-level fluctuations and a slight decline. The RSI index is 40.47, having retreated from the overbought area, indicating short-term pullback pressure. However, although the momentum of the MACD indicator has weakened, it still maintains a bullish trend.Moreover, the price is far above both the 50-day moving average and the 200-day moving average, and the medium- and long-term upward channel remains intact, with the overall market in a strong bullish structure.
The operation suggestion is mainly to go long on the pullback, and patiently wait to enter the market at the key position.👉👉👉
BTCUSD Trading Strategy
buy @ 103000-103200
sl 101000
tp 104200-104500
If you think the analysis is helpful to you, you can give a thumbs-up to show your support. If you have different opinions, you can leave your thoughts in the comments. Thank you!👉👉👉
The operation suggestion is mainly to go long on the pullback, and patiently wait to enter the market at the key position.👉👉👉
BTCUSD Trading Strategy
buy @ 103000-103200
sl 101000
tp 104200-104500
If you think the analysis is helpful to you, you can give a thumbs-up to show your support. If you have different opinions, you can leave your thoughts in the comments. Thank you!👉👉👉
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.