$BTC Bitcoin 79900, this position looks like the main force’s washout has ended. The long-term moving average is trending upward, and the short-term range has not broken down, so the trend remains healthy.
Technical analysis: EMA moving averages are in a bullish alignment, and price is holding above the short-term moving average. The MACD red histogram is slightly expanding, with bullish momentum building. The Bollinger Band middle line at 79854 is support, and the upper band at 80153 is resistance; it is currently in a poised-to-break-out state.
Trading strategy: It is recommended to go long on pullbacks.
Entry: 79500-79600 range (Bollinger lower band support), stop loss 79200.
Breakout: chase long after 80200 is confirmed, stop loss 79800.
Follow the trend; no need to consider shorts for now. If you find it useful, please like it. Liying will accompany you in watching the market!
#BTC走势分析
Technical analysis: EMA moving averages are in a bullish alignment, and price is holding above the short-term moving average. The MACD red histogram is slightly expanding, with bullish momentum building. The Bollinger Band middle line at 79854 is support, and the upper band at 80153 is resistance; it is currently in a poised-to-break-out state.
Trading strategy: It is recommended to go long on pullbacks.
Entry: 79500-79600 range (Bollinger lower band support), stop loss 79200.
Breakout: chase long after 80200 is confirmed, stop loss 79800.
Follow the trend; no need to consider shorts for now. If you find it useful, please like it. Liying will accompany you in watching the market!
#BTC走势分析
