7.4 Midday Thoughts


62957 recent high, meanwhile the Bollinger Bands are opening upward as a whole, price is running along the upper half of the Bollinger Bands, which is a strong bull channel market
First entry: 62000-62200 (located at the middle band of the Bollinger Bands, obvious signs of pullback, light position setup)
Second entry: 61500-61600 (short selling pressure exhausted, strong bull defense)
Stop loss defense: 61000 (break below the short-term bull watershed, bull idea invalidates, exit directly)
First take profit: 62800-63000 (take profit half position, short-term surge prone to volatility, take half off first to lock in gains)
Second take profit: 63500-64000 (trend extension after breaking the previous high, take profit full position) $BTC
BTC0.86%
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
MoMo'er
· 5h ago
7.4 Midday Bitcoin Thoughts
62957 recent high, with the Bollinger Bands opening upward overall, and price operating in the upper half of the Bollinger Bands, indicating a strong bullish channel market.
First entry: 62000-62200 (located at the middle band of the Bollinger Bands, obvious pullback signs, light position entry)
Second entry: 61500-61600 (short-selling pressure exhausted, strong bullish defense)
Stop-loss: 61000 (breaks below the short-term bullish watershed, bullish idea invalid, exit directly)
First take-profit: 62800-63000 (take half profit, short-term surge prone to volatility, secure half profit first)
Second take-profit: 63500-64000 (trend extension after breaking the previous high, take full profit) $BTC
View OriginalReply0
  • Pinned