$BTC April 28 3:21 PM Market Watch Current Price: 76,600, here is your technical analysis conclusion: The long-term trend is bullish with high-level oscillation; in the short term, it’s bearish, representing a “false breakout with a golden cross” opportunity to short. (For reference only)


(Current price can enter the market)
1. Trend Judgment (Bearish + Golden Cross)
• Daily chart: High-level oscillation (74,000–79,500), bullish momentum diminishing, MACD red bars shortening, potential death cross anytime.
• 4-hour chart: Bearish divergence + weak golden cross, rebound with no volume, indicating a false breakout structure.
• 1-hour chart: Bearish arrangement + resistance encountered during rebound, strong resistance at 77,200/77,800.
In one sentence: The golden cross marks the end of the rebound, not a new bullish start, suitable for shorting on rallies.
2. 76,600 Short Position Plan (Enter directly)
Entry: 76,500–76,700 (Open short at current price)
Stop-loss (must include)
• Stop-loss: 77,350 (above strong resistance, to prevent false breakouts)
Take-profit (in stages)
• First take-profit: 75,800–75,500 (intraday strong support, close 50%)
• Second take-profit: 74,800–74,200 (medium-term strong support, close remaining 50%)
Risk Control
• Position size: 1/3 of total, single loss ≤ 2% of total funds.
3. Key Price Levels Quick Notes
• Strong resistance: 77,200/77,800/79,500
• Strong support: 76,000/75,500/74,200
One-sentence summary:
Short at 76,600 with a light position, stop-loss at 77,350, target 75,800→74,800; the golden cross is a false rally, only short at high levels, not long.

No trading ideas? Stuck in a trade? DM me your avatar for take-profit signals, daily precise strategy updates, guiding you to find direction!
BTC-2.08%
View Original
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