7.4 Bitcoin Midday Strategy


62957 recent high, with the Bollinger Bands opening upward overall, price running in the upper half of the bands, indicating a strong bullish channel
First entry: 62000-62200 (at the middle Bollinger Band, clear signs of pullback, light position)
Second entry: 61500-61600 (short-selling pressure exhausted, strong bullish defense)
Stop loss: 61000 (break below short-term bullish watershed, bullish strategy invalid, exit immediately)
First take profit: 62800-63000 (take half profit, short-term rally likely to oscillate, lock in half for stable gains)
Second take profit: 63500-64000 (trend extension after breaking previous high, take full profit) $BTC
BTC1.09%
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PrincessQingyue
· 7h ago
7.4 Midday Thoughts on BTC
62957 is the recent high, with the Bollinger Bands opening upward as a whole. The price is running in the upper half of the bands, indicating a strong bullish channel market.
First entry: 62000-62200 (near the middle band of the Bollinger Bands, with obvious pullback signals; light position layout)
Second entry: 61500-61600 (short-side selling pressure exhausted, with strong bullish defense)
Stop loss defense: 61000 (break below the short-term bullish watershed; bullish logic invalid, exit directly)
First take profit: 62800-63000 (take profit on half position; short-term rallies are prone to volatility; secure half the profit first)
Second take profit: 63500-64000 (the trend extension level after breaking the previous high; take profit on the full position) $BTC
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