6.23 Zhang Lihui: Has the big short just begun as the Bitcoin daily EMA60 and EMA80 defense fails? The weekly close is key! Today's (BTC) latest market analysis and trading reference!
#比特币跌破十万美元 #加密市场回调 #以色列伊朗冲突 #BTC #BTC走势分析 $BTC Continuing to look at Bitcoin's intraday second piercing of the EMA60 directly breaking the EMA80 support, the current K-line has already crossed below the EMA80 and continues to approach the EMA120 position, which is also mentioned in the previous article by Lihui, that is around the 98000 position, and it is almost here; from the 4-hour chart, this position has relatively weak support; if we cannot hold the EMA120, we need to look further down at the MA220, MA180, and the EMA180, MA120 crossover point; the fast and slow lines have been diverging downwards since the 11th, and it was mentioned the day before that after the fast line enters below the 0 axis, the big short just begins, I hope fans have seriously looked at my analysis, this is not groundless; including KDJ, RSI three lines are all strongly downward, and the bearish momentum is intensifying; so in the short term, if there is a rebound, it can be considered to continue short;
The weekly indicators are also not optimistic, the current K-line has already inserted below the middle track and is close to the MA30 position; this position coincides with the daily EMA180, MA120 crossover point and can be used as a short-term bearish target; it needs to be noted whether the current level fast and slow lines can form a dead cross; if it forms, it could be quite terrifying, after all, it has been a long time since we have seen a single-day waterfall of ten thousand points, we can see that the KDJ and RSI three lines are forming a dead cross downward at a high level, this wave of bearish momentum seems to have a relatively long duration;
Recommended short entry point: Short in the 100000-100500 range; reserve 102000 for additional positions, stop loss 500 points; target 99000-98000, breaking down to 97900-97500 can continue to hold below 96000;
Recommended long entry point: Need to pay attention to whether there can be effective support below 98000, if it breaks down, we need to see support below 96000 to enter long! Specific operations can be consulted with Lihui based on real-time market changes for layout entry!
The above points should be based on Lihui's real-time notifications for specific entry opportunities! Article review and push have delays, and the market changes rapidly, specific entry opportunities must be combined with actual trading operations, real-time notifications take precedence, and the article's suggested points are for reference only, do not operate with heavy positions, please take profit and stop loss when entering, and take profit when it looks good!