The signals on the market are becoming clearer. The weekend will complete the week, and the weekly line is about to officially close. From the current structure, the weekly level trends are very interesting, with prices firmly stuck between the 5-day line and the 10-day line, which is the range of 69000-79000. More importantly, both KDJ and MACD are turning upwards simultaneously, about to form a golden cross at the weekly level. This technical formation often signifies the start of a trend market when it appears at the weekly level. Therefore, the strategy is clear: at the weekly level, build long positions on dips and hold the base position.
Switching to the daily line, the large bullish candlestick on March 4 directly changed the short-term pattern. Although the secondary indicators MACD and KDJ show signs of forming a death cross, the candlestick itself is the most convincing evidence. A large bullish candlestick has pulled up, and the main pattern has strengthened. A pullback is just picking up passengers, and the daily level also gives a range of 68000-78000.
In summary, the large and small cycles form a resonance range, with solid support below. In operation, maintain a low long mindset unchanged.
#加密市场反弹 #BTC
Switching to the daily line, the large bullish candlestick on March 4 directly changed the short-term pattern. Although the secondary indicators MACD and KDJ show signs of forming a death cross, the candlestick itself is the most convincing evidence. A large bullish candlestick has pulled up, and the main pattern has strengthened. A pullback is just picking up passengers, and the daily level also gives a range of 68000-78000.
In summary, the large and small cycles form a resonance range, with solid support below. In operation, maintain a low long mindset unchanged.
#加密市场反弹 #BTC