#BTC Early morning Kong and Duo combined for a total of 2000 points of space. In the afternoon, there was 1000 points of space. Currently, they are again stalled, so whether the price can break 794 within the day becomes critical. 794 has multiple overlapping resistance levels, and these resistance levels are all strong resistance points. This also marks a watershed for Duo and Kong. Once broken, it would break the large-range zone, dominated by Duo heads. It also indicates that the final large bearish candle of the monthly trend has completed its correction and consolidation. Breaking 8 will be relatively easier, with a higher chance of reaching 8.5. If it doesn't break, it will revert to correction and consolidation, leading to weakness. However, it might not break through in one go but accumulate strength for another attempt. When near the strong overlapping resistance levels, it’s not suitable to go long on Duo; instead, focus on Kong nearby. After breaking through, observe the strength to decide whether to go long on Duo or wait for a slight pullback before going long.



In summary, the upward space is limited. The daily trend extension has not surpassed the previous high, so the upper space is limited. Currently, Duo heads are relatively strong and can pull back, but volume must be controlled well. Near the resistance levels, switch to Kong. First, go low on Duo, then high on Kong.

Initially, keep Duo at 777 to 774 low, and Kong at 788 to 791 high. #比特币反弹
ETH4,09%
BTC4,51%
View Original
post-image
post-image
post-image
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