$BTC 📕July 16 Chan theory market outlook—attach long/short entry levels 💲


Current BTC price is 64,770. Using the 4H/daily line and the 30-minute structure sets, here is an in-depth analysis of BTC’s current trend.
✅Daily level: After a double bottom, BTC has rebounded to around 64,900. It is now at the pen fractal central pivot lower rail at 64,900. This is a pullback after breaking below the central pivot lower rail. The neck line position of the double bottom is at 67,000. Currently there is no TD9/12 signal, it has not touched the Vegas channel lower rail, and no buy/sell point has appeared. From a daily-level summary: the central pivot lower rail at 64,900 is the first resistance, and 67,000 is the second resistance. Bias is bearish. Whether there is enough momentum to break resistance needs to be judged together with lower-level structure below.
✅4H level: A 1 buy formed at the bottom 57,758. A 3 sell formed at the prior high 64,255. In the 3-sell resonant segment, the central pivot lower rail is at 67,282. Current price is between the pen fractal central pivot upper rail at 64,680 and the segment central pivot lower rail at 67,282. It has already broken above the Vegas channel lower rail, and is now testing the resistance and support of the pen fractal central pivot upper rail at 64,680. The first resistance is at 64,680 (resonant with the daily-level pen central pivot lower rail at 64,900). The second resistance is at 67,282 (resonant with the double-bottom neck line at 67,000). No TD9/12 has appeared. From the daily and 4H levels, the 64,680–64,900 range can be tested for shorts. Take-profit and stop-loss are to be determined by the 30-minute level.
✅30-minute level: There have already been a 2 buy and a “type 2 buy,” and price has broken above the segment central pivot upper rail, forming a downward segment. But the downward segment touched the segment central pivot lower rail, so it did not form a 3 buy. Downside support is at the segment central pivot lower rail 64,489. From the pen perspective, the 30-minute level is suspected to be a multiple-top structure.
🔔Combining the three levels comprehensively: resistance is around 64,900 and around 67,000. Support is at 64,500 and 61,800. The error range is within 200 points. The suggested long/short strategy is as follows:
Be cautious with longs: after price breaks and holds above 64,900, wait for a pullback to 64,500–64,900 before entering long. Take profit at 67,000.
For shorts: enter at 64,900. Watch 64,500. If the 30-minute level closes low and 64,900 is continuously held, continue holding. Take profit at 61,800.
Market outlook isn’t easy—leave a follow. If levels update, I’ll notify you promptly.😘#缠论实战
BTC-0.77%
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