4.22 Wednesday morning big-pie trading outlook: high sell and low buy if the range isn’t broken



Yesterday, the overall trend surged and then pulled back. The high was 768, the low was 748. Whether you’re looking at going long or short, there was some room, of course. We kept giving shorts above 760 throughout yesterday, and in the end we also got the corresponding results. Currently, the big-pie is consolidating around 760.

As for now, the short-term battle between bulls and bears is fierce, but it still can’t break through the current market constraints. Resistance is 770, and heavy resistance is 783. Support is 745, and strong support is 732. As for the outlook, as long as this range isn’t broken, it will continue to maintain this rhythm. In the short term, in the absence of major positive or negative news, simply go short at resistance and go long at support.

For selling short, reference: above 765; looking down at 750-740
For buying long, reference: below 750; looking up at 765-770
$BTC
BTC2,94%
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