$BTC
Good evening, everyone. I am Shihun.
Seeing the current market, I want to provide you with some ideas. It may not be correct, but it may be helpful to you.
In fact, I have always said that 62700 is not broken and I will always be bullish. There is no problem here. The pin piercing does not count as falling below 62700.
Some ideas from the picture:
1. Is the current market price more appropriate? Not quite appropriate. The position that is really suitable for the market price to be more is when the morning star is closed at 12 noon today. The market price is more than the problem, but now it has risen. If you go in more, you should bear the risk that you should not bear.
2. The chart below is a four-hour chart. I classify this wave of stretching as the last wave in the three-wave extension. That is to say, after this wave of extension and rising waves, there will be a four-wave decline in the main wave.
3. A pattern is drawn on the chart. Please pay attention to the position of 65100-65200. Don't place orders here. Observe the situation of price obstruction at 65100-65200. Just like the last time it touched the top of this pattern and closed with a negative line (in the yellow circle), we will consider the market price to go short! No order is placed at 65100-65200.
4. Order unit: 66100 to go short, stop loss 66700, no take profit. (This order may not be accepted. If it is not accepted, observe the obstruction of 65100-65200. Consider going short at the market price when the negative line is closed.) But it will not hurt you to place an order.
Follow Shihun and share your views for free every day.
Good evening, everyone. I am Shihun.
Seeing the current market, I want to provide you with some ideas. It may not be correct, but it may be helpful to you.
In fact, I have always said that 62700 is not broken and I will always be bullish. There is no problem here. The pin piercing does not count as falling below 62700.
Some ideas from the picture:
1. Is the current market price more appropriate? Not quite appropriate. The position that is really suitable for the market price to be more is when the morning star is closed at 12 noon today. The market price is more than the problem, but now it has risen. If you go in more, you should bear the risk that you should not bear.
2. The chart below is a four-hour chart. I classify this wave of stretching as the last wave in the three-wave extension. That is to say, after this wave of extension and rising waves, there will be a four-wave decline in the main wave.
3. A pattern is drawn on the chart. Please pay attention to the position of 65100-65200. Don't place orders here. Observe the situation of price obstruction at 65100-65200. Just like the last time it touched the top of this pattern and closed with a negative line (in the yellow circle), we will consider the market price to go short! No order is placed at 65100-65200.
4. Order unit: 66100 to go short, stop loss 66700, no take profit. (This order may not be accepted. If it is not accepted, observe the obstruction of 65100-65200. Consider going short at the market price when the negative line is closed.) But it will not hurt you to place an order.
Follow Shihun and share your views for free every day.
