7.29 BTC market analysis
Big Cake weekly chart 5-day and 3-day line bottom divergence + MACD bottoming
2-day timeframe shows an uptrend hidden (risk: underwater pullback rebound) while the daily timeframe has a dead cross
12-hour hits EMA60 resistance suppression; 8-hour and 6-hour show hidden downtrend
4-hour forms a needle top; 3-hour hidden downtrend level (hidden golden cross fails)
2-hour and 1-hour are bottoming; 30-minute and 15-minute cross upward
Intraday trading recommendation: short at high levels. Main position at 658-662, add more at 672
Intraday overhead resistance: 64468 64918 65676
$BTC
Big Cake weekly chart 5-day and 3-day line bottom divergence + MACD bottoming
2-day timeframe shows an uptrend hidden (risk: underwater pullback rebound) while the daily timeframe has a dead cross
12-hour hits EMA60 resistance suppression; 8-hour and 6-hour show hidden downtrend
4-hour forms a needle top; 3-hour hidden downtrend level (hidden golden cross fails)
2-hour and 1-hour are bottoming; 30-minute and 15-minute cross upward
Intraday trading recommendation: short at high levels. Main position at 658-662, add more at 672
Intraday overhead resistance: 64468 64918 65676
$BTC