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Medium to long term quick review: #BTC
A friend said they want to see the long term structure, so let's talk about it. I usually say little about it because the long term structure changes infrequently, and talking about it would just be like a parrot repeating itself.
4H, bearish structure, no divergence in decline, currently at a quasi-three sell position. Here we need to observe whether a selling point can appear within the range under the secondary level, and then we can take a medium to long term short.
30F, non-level decomposition, the first central pivot and the lower level are actually consistent, and it can be seen that it is a 4H central pivot upgraded from two nine-segment central pivots. Therefore, from the perspective of the standard model, this segment of the trend has a demand for c, and it has produced a second sell signal, so here we should also trade in the direction of short.
In addition, I mentioned that I would not participate in the c segment trend, but that was only regarding the small scale; for the large scale c, I still need to participate, as both the space and fluidity are quite good.