7.27 Technical Analysis (BTC)


Daily: It touched the lower rail of the upward channel, showing strong bullish strength. It has returned to the channel trend, and further upside is possible.

1H: It followed the latest breakout, strongly holding above the support/resistance level. After a pullback and confirmation, the probability of continued上涨 is very high.

5min: It’s moving through a choppy pullback, accumulating liquidity. The bias is to look for a reasonable lower-entry (buy the dip). The first target to watch is 6.58k.
Stay bullish for the whole day; then look for a position to short later this week.

At least by before Wednesday, the long positions should be closed to prevent the sharp volatility on Thursday! #夏日创作营 #btc #交易
BTC0.39%
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