6.20 Morning $BTC Analysis


Good morning everyone, and happy weekend
RSI approaching overbought zone, KDJ shows a dead cross downward expectation, Bollinger upper band at 63661 faces strong selling pressure;
The major downward trend has not been fully reversed, currently only a phase of rebound after a decline, the medium to long-term bearish structure remains unbroken, with a large amount of trapped positions piled above 63800, only if it suddenly stabilizes here can it break upward,
Resistance zone
First resistance: 63660 (Bollinger upper band, intraday high-pressure level)
Second resistance: 64200 (previous decline initiation platform, medium-term bull-bear dividing line)
Support zone
First support: 63000 (Bollinger middle band, short-term bull-bear dividing line)
Second support: 62340 (Bollinger lower band, bottom of this rebound)
Yifan's personal suggestion: around 63750-64200, target 63000-62500 #BTC #ETH #BTC走势分析
BTC0.52%
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