7.15 BTC morning trading strategy


Since BTC started its rise from 61,800 and 65,700, the bullish uptrend structure has been extremely complete. It has successfully broken through the wide and long-term sideways consolidation range of the previous period, establishing a strong upward swing pattern.
In terms of timing, the market has just completed the first wave of the main impulsive push. Next, it will most likely enter a second-wave pullback and corrective retracement phase. Under the premise that the overall medium- to long-term bullish trend remains unchanged, if the price retraces in line to the 63,400-63,600 core support zone, it will be an ideal opportunity to place low-buy long positions.
Trading strategy: buy on dips
● Entry range: when the price pulls back to around 63,500-64,000, you can scale in long orders.
● Target levels: on the upside, look for the 65,500-66,000 area. #伊朗宣布关闭霍尔木兹海峡
BTC-1.22%
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