$BTC 5.19 Trend Trading Strategy


Bitcoin is currently facing clear resistance above 77,000, with a lack of rebound strength, and the trend is fully in line with previous expectations. The short position entered at 77,613 this morning has already been profitably closed at 76,684, easily capturing over 900 points of profit. The swing position is still held, continuing to generate profits.
Overall, the intraday market remains in a low-range oscillation and consolidation, with the white trading session through the evening expected to mainly build momentum and adjust, with no obvious reversal signals appearing in the short term.
White哥's personal opinion: The large-scale bearish outlook remains valid, with the main strategy being to short on rebounds, patiently waiting for the next downward move.
Trading suggestions for Bitcoin: Rebound short at 77,000-77,500, focus on support around 76,000.
Secondary short at 2,140-2,160 on rebounds, focus on support around 2,080. #TradFi交易分享挑战 #PYTH今日解锁21.3亿枚代币 $ETH $BSB
BTC-0.18%
PYTH-11.45%
ETH-0.55%
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
  • Pinned