Technical analysis of BTC contract on July 21:
Today, the large-cycle daily level closed with a small negative line yesterday, the K-line pattern continued to fall, the price was below the moving average, and the fast and slow lines of the attached indicator showed signs of a dead cross, and the overall trend has been in a sluggish state recently. The trend in the big trend also showed obvious signs of falling, so we have to pay attention to the strength and continuation of the retracement next; the short-cycle hourly chart price fell under pressure in the early morning, and the current K-line pattern continued to fall, the price was below the moving average, and the attached indicator was dead cross, so the price fell to the previous low of 115700 area. So you can sell after the pullback during the day, and pay attention to the breakout and strength and weakness trend of the European session.
Today's BTC short-term contract trading strategy:
Sell in the 118300 area, stop loss in the 118600 area, and target the 116000 area;
Today, the large-cycle daily level closed with a small negative line yesterday, the K-line pattern continued to fall, the price was below the moving average, and the fast and slow lines of the attached indicator showed signs of a dead cross, and the overall trend has been in a sluggish state recently. The trend in the big trend also showed obvious signs of falling, so we have to pay attention to the strength and continuation of the retracement next; the short-cycle hourly chart price fell under pressure in the early morning, and the current K-line pattern continued to fall, the price was below the moving average, and the attached indicator was dead cross, so the price fell to the previous low of 115700 area. So you can sell after the pullback during the day, and pay attention to the breakout and strength and weakness trend of the European session.
Today's BTC short-term contract trading strategy:
Sell in the 118300 area, stop loss in the 118600 area, and target the 116000 area;
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Good trading signals can help you make profits in the market. I will share trading signal analysis of various products every day, hoping to help you!
t.me/+WHE58rEaywExNWVh
t.me/+WHE58rEaywExNWVh
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.