Halving emotion is continue, also i keep thinking about the bullish, however, didn't think trend can break 9500~9800 in just a shor period of time, we could just say that the emotion is too strong, the trend almost increased without a real pullback. As the price pump above 10K, the pullback risk is also increased to a high level.
Within today, there is two positions need to be focused, support position around $9700, if price stabilize on it , it's a good position to enter, and if pullback dump below it, can just notice $9400~$9500 support, if price can rebound in this two area, it's possible to expect of testing the 10500, however, 10050~10500 area is a hard resistance area, trend may suppressed at any moment at any price level. Thus, long position better open at a bottom of pullback.
🚀BTC Trading signal:
long: open around 9800~9850
close 1: 10050
close 2: 10200
close 3: 10320
stop loss: 9720 Become member of OKEx and enjoy more services : okex.com/join?channelFlag=ACECO2501021
Within today, there is two positions need to be focused, support position around $9700, if price stabilize on it , it's a good position to enter, and if pullback dump below it, can just notice $9400~$9500 support, if price can rebound in this two area, it's possible to expect of testing the 10500, however, 10050~10500 area is a hard resistance area, trend may suppressed at any moment at any price level. Thus, long position better open at a bottom of pullback.
🚀BTC Trading signal:
long: open around 9800~9850
close 1: 10050
close 2: 10200
close 3: 10320
stop loss: 9720 Become member of OKEx and enjoy more services : okex.com/join?channelFlag=ACECO2501021
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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.