The daily K-line of BTC has just retraced to the EMA30 trend support level of 84,000, and the short-term support is effective. The highest point is at 85,300. According to this trend, the short-term trend will still be in a sideways range, with both upward and downward room for trading opportunities. Therefore, the entry point is crucial.
The MACD has continuously increased in volume, but there is a divergence with the K-line, causing the DIF to break above the 0-axis while the DEA remains below the 0-axis. This is a typical sideways market with a polarized situation. The Bollinger Bands are in a sideways state, and the K-line has not retraced to the middle band, indicating that there is strong short-term support below, and the sideways trading range continues.
On the four-hour K-line chart, after retracing to the EMA60 trend line at 84,000, BTC has started to correct. Currently, it has reached the EMA30 resistance level at 84,500. The trading range is in an extremely narrow trend, with a fluctuation of around 500 points. The MACD has continuously decreased in volume, and with the top divergence, the trend has entered a critical range. Pay attention to the support at the lower band of the Bollinger Bands at 84,100. The short-term sideways trend has basically been established.
BTCUSD
buy@83000-83500 tp:84500-85500
sell@85500-86000 tp:85000-83500
Investment itself doesn't carry risks; it's only when investment is out of control that risks arise. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
The MACD has continuously increased in volume, but there is a divergence with the K-line, causing the DIF to break above the 0-axis while the DEA remains below the 0-axis. This is a typical sideways market with a polarized situation. The Bollinger Bands are in a sideways state, and the K-line has not retraced to the middle band, indicating that there is strong short-term support below, and the sideways trading range continues.
On the four-hour K-line chart, after retracing to the EMA60 trend line at 84,000, BTC has started to correct. Currently, it has reached the EMA30 resistance level at 84,500. The trading range is in an extremely narrow trend, with a fluctuation of around 500 points. The MACD has continuously decreased in volume, and with the top divergence, the trend has entered a critical range. Pay attention to the support at the lower band of the Bollinger Bands at 84,100. The short-term sideways trend has basically been established.
BTCUSD
buy@83000-83500 tp:84500-85500
sell@85500-86000 tp:85000-83500
Investment itself doesn't carry risks; it's only when investment is out of control that risks arise. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
We share at least 3 - 5 free signals every day, with a monthly return of 300% - 500%. If you want to get accurate signals every day.Click the link to enter my Telegram channel.
t.me/+IFqHodtrHds0MDk0
t.me/+IFqHodtrHds0MDk0
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.
We share at least 3 - 5 free signals every day, with a monthly return of 300% - 500%. If you want to get accurate signals every day.Click the link to enter my Telegram channel.
t.me/+IFqHodtrHds0MDk0
t.me/+IFqHodtrHds0MDk0
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.