张同学121
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Bullish
$BTC Evening View:
Looking at the chart: The hourly level triangle of Bitcoin has formed an M-top pattern, with the neckline at 100291. If it breaks below the triangle, the M-top at the hourly level will be established by breaking the neckline.
Then it will retest the support at 98888. If the support at 98888 holds, it will continue to rebound upwards, but if the rebound cannot break through the position at 102469, it won't rise and will enter a range oscillation between 98888-102469 at the hourly level.
Currently, we don't know what this market is hesitating about? If it wants to test 98888, it should quickly pull back a bit; if it wants to break down, it should break down quickly; if it doesn't want to break down and doesn't want to pull back, then it should rise. Why is it hesitating?
If 98888 cannot hold, then just wait around 95862-93277! If it reaches 95862-93277, I will continue to buy the spot.
🍆
Bitcoin should break through 101200 on the right side with volume, if it breaks down through 100956 with volume and cannot recover, then short on the right side, and set a good stop-loss.
Bitcoin at the hourly level must stabilize above 102029 to look upwards at 103508-104726; it can only continue to rise if it stabilizes above 102029.
At the 4-hour level, if it breaks below 100691, look down to 99529-97833; breaking below 100691 means it will continue to follow the adjustment route.
🍆
Continuing to look at the chart: The daily level of Bitcoin has been walking in the engulfing pattern indicated by the yellow arrow within this bearish candle. What is an engulfing candle? It means that if it cannot break through the highest price of this bearish candle when rising, and does not break below the lowest price of this bearish candle when falling, it will oscillate around this bearish candle. That is the engulfing pattern.
When can the daily level break through this large bearish candle? When can we see the reversal at the daily level? The highest price of this bearish candle is around 107300. Currently, the daily level can only be considered as a stop to decline. The daily level is likely to oscillate widely around this bearish candle unless there is a favorable or unfavorable news that can break the current situation. Oscillating around this bearish candle for 20 days or a month is not a problem; the garbage market time has arrived, and the meeting is over.
$BTC
#币安HODLer空投SAPIEN
{future}(BTCUSDT)
Looking at the chart: The hourly level triangle of Bitcoin has formed an M-top pattern, with the neckline at 100291. If it breaks below the triangle, the M-top at the hourly level will be established by breaking the neckline.
Then it will retest the support at 98888. If the support at 98888 holds, it will continue to rebound upwards, but if the rebound cannot break through the position at 102469, it won't rise and will enter a range oscillation between 98888-102469 at the hourly level.
Currently, we don't know what this market is hesitating about? If it wants to test 98888, it should quickly pull back a bit; if it wants to break down, it should break down quickly; if it doesn't want to break down and doesn't want to pull back, then it should rise. Why is it hesitating?
If 98888 cannot hold, then just wait around 95862-93277! If it reaches 95862-93277, I will continue to buy the spot.
🍆
Bitcoin should break through 101200 on the right side with volume, if it breaks down through 100956 with volume and cannot recover, then short on the right side, and set a good stop-loss.
Bitcoin at the hourly level must stabilize above 102029 to look upwards at 103508-104726; it can only continue to rise if it stabilizes above 102029.
At the 4-hour level, if it breaks below 100691, look down to 99529-97833; breaking below 100691 means it will continue to follow the adjustment route.
🍆
Continuing to look at the chart: The daily level of Bitcoin has been walking in the engulfing pattern indicated by the yellow arrow within this bearish candle. What is an engulfing candle? It means that if it cannot break through the highest price of this bearish candle when rising, and does not break below the lowest price of this bearish candle when falling, it will oscillate around this bearish candle. That is the engulfing pattern.
When can the daily level break through this large bearish candle? When can we see the reversal at the daily level? The highest price of this bearish candle is around 107300. Currently, the daily level can only be considered as a stop to decline. The daily level is likely to oscillate widely around this bearish candle unless there is a favorable or unfavorable news that can break the current situation. Oscillating around this bearish candle for 20 days or a month is not a problem; the garbage market time has arrived, and the meeting is over.
$BTC
#币安HODLer空投SAPIEN
{future}(BTCUSDT)
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