10.14 Morning Analysis
Review: Last night, it was suggested that the price of Bitcoin might fall, so everyone should prepare to buy. The price of Bitcoin stopped falling near the 120-day moving average. Buy at 624-620, and then started to suggest to open short at 628. Bitcoin also rebounded to 631 and then began to fall. If you follow my operation, you will find that you can't make much money, at most 600 points, 😂dog💩 market, so either don't operate or enter and exit quickly. .
From the perspective of the 4-hour market, it is still in a range of 620-632 oscillating trend. There are opportunities for both long and short positions. There is great pressure from the top and strong support from the bottom. It can be quickly recovered even if it falls. Don't open orders at the current price. In terms of indicators, macd is about to cross at a high level, and the energy column is sluggish and shrinking. The same is true for 1 hour. KDJ crosses downward and the macd energy column turns green. Short positions can be opened in the short term.
A small short position near 626-629!
Long orders wait until 618-613 to place long orders. Stop loss price is placed at 61200. Stop loss band is close to no resistance. According to your own needs, this personal habit cannot be changed. $BTC
The above is my personal suggestion. Analysis is not easy. Please give me free ❤️➕