Intraday BTC Strategy



1. On the 1-hour chart, a large bullish candle with increased volume breaks through previous multiple resistance levels, surging to 74,894. After reaching a high, it consolidates with decreasing volume at a high level. Overall, the bullish trend remains dominant, but short-term overbought conditions combined with previous high selling pressure suggest a need for a correction. There is no obvious resistance in the early stage. Strictly execute take-profit and stop-loss; any volume breakout of key levels is considered a false breakout. Avoid blindly chasing gains or selling in panic. Use light positions to control risk.

High Short: During the rebound to the 74,800-74,900 range, gradually establish short positions, with a stop-loss above 75,500. The first take-profit target is 73,350. If it breaks below 73,350, hold for a potential drop to 72,700.

Low Long: Only attempt light long positions during a pullback to the 73,350-73,450 range, and when clear signs of a trend reversal appear. Stop-loss below 73,200. The first take-profit target is 74,700-74,800. A breakout above can target the 74,900 previous high. #Strategy上周购入13927枚比特币 #btc
BTC4,55%
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
  • Pin