7.4 Midday Thoughts on BTC


62957 recent high, while the Bollinger Bands are opening upward overall, with price running in the upper half of the bands, indicating a strong bullish channel market
First entry: 62000-62200 (at the middle band of Bollinger Bands, clear signs of pullback, light position)
Second entry: 61500-61600 (short selling exhausted, strong bullish defense)
Stop loss defense: 61000 (break below short-term bullish watershed, bullish thesis invalid, exit directly)
First take profit: 62800-63000 (take half profit, short-term highs tend to oscillate, lock in half for stable gains)
Second take profit: 63500-64000 (trend extension after breaking previous high, take full profit on all positions)
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TrendKing
· 4h ago
7.4 Midday Bitcoin Strategy
62957 recent high, and the Bollinger Bands are opening upward as a whole. Price is running along the upper half of the bands, indicating a strong bullish channel trend.
First entry: 62000-62200 (located at the middle Bollinger Band, with clear signs of pullback, open a light position)
Second entry: 61500-61600 (short selling pressure exhausted, strong bullish defense)
Stop loss defense: 61000 (breaks below the short-term bullish watershed, bullish strategy invalidated, exit directly)
First take profit: 62800-63000 (take profit half position, short-term surge is prone to fluctuation, secure half profit first)
Second take profit: 63500-64000 (trend extension after breaking the previous high, take profit on full position)
$BTC
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