BitcoinUpdated Bitcoin’s low bullish thinking today, target 110,000
Bitcoin’s low bullish thinking today, target 110,000
Predicting Bitcoin is like predicting the weather - it's just that the weather is less often wrong!
Straight lines belong to humans, curves belong to God
Remember: we are playing Bitcoin, not Bitcoin playing us.
Technical analysis
From the perspective of the four-hour cycle:
Bitcoin finally surged on Monday, rushing to around 102,000 again
I have summarized all the paths for you
0-1 path: the first decline and rebound (quick callback after profit taking, sentiment value 100)
0-2 path: the repair behavior after the second decline and rebound, the final result is still a surge (sentiment value 80)
0-3 path: the third decline and bottoming out, accumulating momentum, the final result is a volatile rise (sentiment value 60)
0-4 path: the fourth surge, the sentiment value returns to 100
It is not difficult to understand next
Bitcoin operation in the short term There is only one way to do it: go long at a low position
As shown in Figure F1, the triangle convergence area will be the next high-probability repair range of Bitcoin
Technical analysis shows that Bitcoin will continue to rise sharply in the future-the target is 110,000
Strategy reference:
Buy: 98,000-99,000-100,000 (try to find a low position in this range)
Stop loss: 97,500-98,500 (try to defend in this range)
Profit: 102,000--110,000 (find a take-profit in this range)
If you agree with my point of view, you can leave a message to discuss with me, and I will patiently reply to your feedback
Thank you
Predicting Bitcoin is like predicting the weather - it's just that the weather is less often wrong!
Straight lines belong to humans, curves belong to God
Remember: we are playing Bitcoin, not Bitcoin playing us.
Technical analysis
From the perspective of the four-hour cycle:
Bitcoin finally surged on Monday, rushing to around 102,000 again
I have summarized all the paths for you
0-1 path: the first decline and rebound (quick callback after profit taking, sentiment value 100)
0-2 path: the repair behavior after the second decline and rebound, the final result is still a surge (sentiment value 80)
0-3 path: the third decline and bottoming out, accumulating momentum, the final result is a volatile rise (sentiment value 60)
0-4 path: the fourth surge, the sentiment value returns to 100
It is not difficult to understand next
Bitcoin operation in the short term There is only one way to do it: go long at a low position
As shown in Figure F1, the triangle convergence area will be the next high-probability repair range of Bitcoin
Technical analysis shows that Bitcoin will continue to rise sharply in the future-the target is 110,000
Strategy reference:
Buy: 98,000-99,000-100,000 (try to find a low position in this range)
Stop loss: 97,500-98,500 (try to defend in this range)
Profit: 102,000--110,000 (find a take-profit in this range)
If you agree with my point of view, you can leave a message to discuss with me, and I will patiently reply to your feedback
Thank you
Trade active
Note
buy:985000
SL:96000
TP1:100000
TP2:102000
TP3:108000
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.