7.28 $BTC midday analysis


The current price buy order given yesterday has already taken down 2000 DOCs; in the 1W stage, during this rebound phase the bullish candle’s upward push gradually weakens. After hitting the 65722 high point, it then continuously closed with candles featuring upper wicks and a lagging/slow pattern; bullish follow-through kept weakening. Afterwards, it successively closed with enlarged-body big bearish candles. In this move, the bearish candles directly broke through the key Bollinger lower rail support with increased volume, and the breakdown-downtrend structure has been officially established. Above, the 64447 and 65545 range is stacked with a large number of trapped positions, and the selling pressure on rebounds is heavy. One of my personal suggestions: around 64500-65500 #BTC , the target is around 62800-62000 #ETH #BTC走势分析
BTC-2.82%
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