$BTC Thursday morning BTC trading idea



Yesterday was smooth all the way too—taking advantage of the downward move and winning the thousand-point range. At any time, try not to trade against the trend; we follow however the market moves.

On the four-hour chart, after the high at 669k, it has been ranging and consolidating. The resistance level is still around 670k. In the short term, there are repeated adjustments downward; the MACD bullish momentum continues to fade, the red histogram bars gradually narrow, and there are already signs of a pullback. In terms of execution, be patient and wait for support or for a confirmed breakout before setting up positions in line with the move.

Trade reference: the 672k-675k range, with targets at 660k-655k-650k.
BTC-0.34%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned