Big Coin View: Reference 1H
In the past two days, the fluctuations of Big Coin have become smaller, and it is not easy to trade long or short now. Yesterday, I shorted Big Coin at 914, and currently, it is still in a profitable state. Although I have set a breakeven stop-loss, I am also considering whether to step back and observe for a while.
897-880 is the fluctuation range that emerged over the weekend. From the current market perspective, it appears to be a pullback after breaking through the fluctuation range. Typically, this position is suitable for going long.
However, overall, Big Coin is in a fluctuating upward channel, so if one wants to go long on Big Coin, I personally tend to prefer the support at the lower edge of the channel, which, based on current price projections, is around 865. As time progresses, the price will also rise $BTC
