Blessed_V

Will Bitcoin continue to fall?

Короткая
Blessed_V Обновлено   
BITSTAMP:BTCUSD   Биткоин
BTC: Judging from the daily chart, the market was super negative yesterday, which seems to mean that its direction is chosen. Even if there is a rebound trend after the plunge, both in terms of the strength of the rebound and the time of the rebound, the bulls are basically defenseless at present, and as the rebound trend gradually consumes the rebound momentum, the height of the rebound will also decrease.

On the 4-hour chart, the market has returned to the structure of the third wave again, and the decline has been strengthened and confirmed. Now that the third wave is not in place, the probability of continuing to fall is relatively high.

And on the fundamentals, the risks still tend to be downside due to the ongoing concerns about the ongoing cryptocurrency crackdown by US regulators.

Therefore, in terms of operating ideas, it is mainly based on rebound shorting, and the height of the rebound can be appropriately reduced, so don't easily try to make a profit from the rebound.

BTC: 20800-20900 short, target 20100-20000

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Сделка активна:
At present, Bitcoin is rebounding upwards. Please pay attention to the rebound space. After reaching the target, you can choose to enter the market with empty orders. Don't easily try to do long at low positions.
Сделка активна:
wait patiently for an opportunity
Сделка активна:
Wait patiently for the target point, and don't worry about participating before the target point arrives.
Сделка активна:
Hunting often requires more patience
Сделка активна:
Judging from the strength of the rebound, Bitcoin's desire to rebound is not strong
Сделка активна:
Wait patiently for the opportunity to short
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