Technical Analysis of Bitcoin (BTC) Contracts: In terms of today's market, the daily chart of the large cycle closed with a small bullish candle yesterday. The K-line pattern shows consecutive upward movements, with the price above the moving averages. The attached indicators are in a golden cross, indicating an obvious upward trend in the long term. However, the current upward momentum and sustainability are relatively weak. Therefore, it is recommended to maintain short-term trading and strictly control risks.
In the short-term hourly chart, the overall price has been consolidating at high levels. The current K-line pattern is in consecutive bullish candles, with the price above the moving averages, and the attached indicators are in a golden cross. Therefore, an upward movement is highly probable today, with the support level near the 106,300 area.
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buy@106300-106500
TP:108000-108500
In the short-term hourly chart, the overall price has been consolidating at high levels. The current K-line pattern is in consecutive bullish candles, with the price above the moving averages, and the attached indicators are in a golden cross. Therefore, an upward movement is highly probable today, with the support level near the 106,300 area.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
Trading Strategy:
buy@106300-106500
TP:108000-108500
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"The Golden Key to Financial Freedom"
t.me/+jqmDDXFtAyNhMjZk
Join me, I'll guide you to PROFITABLE TRADING💵!
t.me/+jqmDDXFtAyNhMjZk
t.me/+jqmDDXFtAyNhMjZk
Join me, I'll guide you to PROFITABLE TRADING💵!
t.me/+jqmDDXFtAyNhMjZk
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.