Technical analysis of BTC contract on June 20:
Today, the large-cycle daily level closed with a small negative line yesterday, and the K-line pattern was a single positive line with a continuous negative line. The price was below the moving average, and the attached indicator was dead cross and running downward, but we should note that the overall volatility this week was not large, and the fluctuation was in a small range. So we should pay attention to keeping short-term trading and closing profits in time. Don't hesitate, drag, and don't think about a big rise or fall. After a large drop on Tuesday this week, the short-term hourly chart has entered a small range of fluctuations. There is no continuation or breakout, so we should just follow the trend. We have sold at the high point of 105,500 as a defense, and bought at 103,000 as a defense, for short-term trading.
Today, the large-cycle daily level closed with a small negative line yesterday, and the K-line pattern was a single positive line with a continuous negative line. The price was below the moving average, and the attached indicator was dead cross and running downward, but we should note that the overall volatility this week was not large, and the fluctuation was in a small range. So we should pay attention to keeping short-term trading and closing profits in time. Don't hesitate, drag, and don't think about a big rise or fall. After a large drop on Tuesday this week, the short-term hourly chart has entered a small range of fluctuations. There is no continuation or breakout, so we should just follow the trend. We have sold at the high point of 105,500 as a defense, and bought at 103,000 as a defense, for short-term trading.
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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.