$BTC updated

Closed the daily candlestick, still in a downtrend. Leaving a short wick that can last for 1-2 days.

For spot, sit and wait. If not, go up a bit and close the base to leave a profit. Buy again if you go down.

On the H4 frame, the price line is still in the blue cloud. And wants to go up but is stuck with resistance at 58700. And in the distance, the red cloud base has appeared. (Failed)

On the D1 frame, at the red cloud base, L1 is pointing up, L2, the price line touches the red cloud base and wants to go up and the green conversion line is also pointing up, wanting to cut into the black base line but is stuck with resistance at 59600 (unclear trend), showing that the daily candlestick has 2 wicks with the victory leaning towards the bears.

On the 3D frame AS WELL as the D1 frame and stuck at resistance at 60,500

So short on H4 can sl at 59600, on D1 sl at 61200, on 3D sl 62500

And I often use sl D1 for sl H4 like that the actual sl H4 is 61200 when short, sl 3D for D1 is actually (62500) because right at sl there will usually be a trend reversal.

It also means that short on H1, the entry point is sl of H4 (59600), short on H4, the entry point is sl D1 (61200), short on D1, the entry point is sl of D3 (62500). TP depends on each time🤑

In general, spot is the main thing. Will have to return to test the bottom as expected, it will be 47k-48k at the end of August or the beginning of September