#BTC If you want to sustain long-term, you must understand how to read support and resistance...



The upward movement is both a few times of Do and a few times of Kong; Do can reach the point between Kong, and Kong is a buy signal. So, the 77 integer level, as a strong resistance where three resistance levels overlap, is not so easy to break through, and if it doesn't break, it will go down. Therefore, Do should run near its lower side, and Kong should enter near its lower side. In the afternoon, Kong at 767 has already gained over 500 points, continuing to look down to 748 to 743.

Although it was just one point away from breaking and being swept, if it doesn't break, it is still a break; if it breaks, it’s accepted. The same logic as yesterday’s 758: if it breaks, it will continue to attack upward. You can chase a short Do or a high-level Kong. Of course, betting on a break can also be done, but it depends on what kind of resistance it is. Small resistance can be bet on for a continuation of the break, but for strong resistance, don’t try to bet, to prevent a pullback or a trap on the tree. #比特币反弹
ETH0.97%
BTC1.55%
View Original
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin