The upward trend and the M-top meridian line (77.2K) have both been broken, and the 65K-80K upward trend is over.



In the early session, the rebound to 77.3K failed to break above it, continued to fall, and an hourly-level descending channel has formed.

During the day, watch for price action above the upward trend line and above the hourly descending channel, then open a short / initiate a short position.

Below, support is at 73.5K and 70.5K#加密市场小幅下跌 $BTC
BTC-2.91%
View Original
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