#BTC#

$BTC Viewpoint
The daily chart shows an upward trend (, but the bullish momentum is waning ), which may lead to risks in the daily line in the future.
In 4 hours, a new high point has been reached, with divergence in both the MACD yellow and white lines and the momentum bars, currently hovering at a high position.
In a period of less than 30 minutes, if it oscillates within the triangle after the breakout, it needs to be verified whether it is a continuation pattern for an upward trend.
Trading details: Consider entering a long position at the triangle breakout slope line and horizontal neckline level, with the first target around 113000.
Only consider short positions if it breaks below the slope line and the left low point neckline at 110300.
Viewed from the perspective of wave theory, breaking the shape of the waves. Near 84000 is the starting point of the first wave, the third wave meets the 1.618 position of the first wave, the fifth wave is currently oscillating above 1.382, if the small level of price breaks up, there is a possibility of coming to 1.618, the price is near 113500 ( and the triangle breaks through the first target level )
If there is a downward adjustment or reversal in the next 4 hours, a top fractal candlestick pattern will definitely appear. Currently, there is no (, so the bulls have not yet completely ended.
The key long-short boundary price is 103000.