Tuesday Afternoon Bitcoin (BTC) Jingyi's Strategy


MACD red柱 remains, medium-term bullish momentum still exists, but the high-level red柱 has slightly shortened, and the short-term upward momentum is weakening. During the surge phase, volume increases; during the pullback, volume decreases, indicating that selling pressure is not strong, and major players have not sold off on a large scale.

First resistance: 672, a breakthrough is needed to open the upward space above 68,000. Strong resistance: 68087, multiple dense trapped zones

Short-term strong support: 656, the dividing line between bulls and bears within 10 days; a break below indicates short-term weakness
Core support: 637, losing this level signals the end of this round of bullishness

Trading Suggestions
Bitcoin pulls back to the 656-658 range for stabilization and bullish closing, with a light position to go long, target 670, stop loss below 654;
If the rebound does not break 672, and a long upper shadow candle appears on the 4-hour chart, short-term short positions can be taken, target 658, stop loss above 674;

If it breaks below 654, abandon the long idea directly and look for a correction to test 637. #我的Gate交易时刻
BTC1.34%
View Original
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