$BTC 80,000 wasn’t reached—killed too many first!!
#比特币日内触及75500美元
After the big coin surged to 79,555, two consecutive 1-hour bearish candles smashed down to around 76,600. Brothers who chased at the top are already starting to feel uncomfortable.
Yesterday, I took profit on the long orders above 71,500 when they hit 74,000—75,500. Looking back now, this exit was just right.
This rally came up from around 64,000 all the way—there was basically no real pullback in between.
After failing to break through 80,000, it’s totally normal for the main players to shake out the chase longs first.
Next, we’ll watch 76,000.
If this level holds, the rebound can push back and reclaim 78,000. Later there should be another chance to try 79,500—80,000.
If the 1-hour chart breaks below 76,000 and keeps failing to reclaim it, then first look at 75,000—74,500.
If you want to go long, wait for 75,500—74,800 to stabilize. Put your stop-loss below 73,800. First target is 77,500; if it’s stronger, then look at 79,500.
Don’t rush to chase after taking profit, brothers. Wait until the big coin washes out the floating orders, then take the next trade!
#现货黄金创五月中旬以来新高
#比特币日内触及75500美元
After the big coin surged to 79,555, two consecutive 1-hour bearish candles smashed down to around 76,600. Brothers who chased at the top are already starting to feel uncomfortable.
Yesterday, I took profit on the long orders above 71,500 when they hit 74,000—75,500. Looking back now, this exit was just right.
This rally came up from around 64,000 all the way—there was basically no real pullback in between.
After failing to break through 80,000, it’s totally normal for the main players to shake out the chase longs first.
Next, we’ll watch 76,000.
If this level holds, the rebound can push back and reclaim 78,000. Later there should be another chance to try 79,500—80,000.
If the 1-hour chart breaks below 76,000 and keeps failing to reclaim it, then first look at 75,000—74,500.
If you want to go long, wait for 75,500—74,800 to stabilize. Put your stop-loss below 73,800. First target is 77,500; if it’s stronger, then look at 79,500.
Don’t rush to chase after taking profit, brothers. Wait until the big coin washes out the floating orders, then take the next trade!
#现货黄金创五月中旬以来新高
