May 21 $BTC Afternoon Analysis (My new account, old followers please quickly unfollow)


BTC four-hour level trend is clear, after a deep dip to the low of 76,014.2 points earlier, it stabilized and built a bottom, currently the price is above the lower band of the Bollinger Bands and rebounding upward, the current price is 77,958.8, up 1.65%.
In the short term, the 7-day moving average is turning upward, the MACD indicator has a golden cross with increasing volume, bullish momentum continues to strengthen, the KDJ indicator has entered a strong zone, the Bollinger Bands are closing upward, and the four-hour rebound trend is officially established.
The overall market completely aligns with the predicted rhythm, a rebound after a dip signals the start of a bullish counterattack, trend reversal signals are clear, and the continuation of the upward movement is highly probable. The long position strategy remains unchanged, and the Dodo at 65,841 remains, so everyone doesn't need to worry too much. A dip is an opportunity to buy low; continue to buy on dips around 76,000-76,500, and if it stabilizes above 78,000, look directly at 78,500-79,300 #BTC #ETH #BTC走势分析
BTC-0.29%
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
  • Pinned