$BTC BTC current price 84000. After spiking to 87385, it entered a high-level sideways consolidation. Many friends get repeatedly stopped out due to the back-and-forth moves.
A consolidation after a big rally is essentially long and short funds rotating and swapping positions. False breakouts are frequent, so don’t open positions blindly in the middle range.
2-hour chart
EMA short-term moving averages are sticking together, with long and short power fairly balanced.
MACD red histogram is shrinking, and bullish momentum is weakening.
The Bollinger Bands are tightening, locking the range at 83617-84454; volatility is about to expand.
Trading plan:
When price pulls back and stabilizes near 83600, go long. Stop loss: 83400. Target: 84450. If it breaks, watch the previous high.
If it rebounds and meets resistance near 84450, consider shorting. Stop loss: 84750. Target: 83600. If it breaks, watch 82700.
Current price is in the middle of the consolidation range, and the risk-reward ratio is not favorable. Be patient and wait for boundary signals. Manage position size carefully and place stop losses.
#BTC走势分析 #BTC contract
A consolidation after a big rally is essentially long and short funds rotating and swapping positions. False breakouts are frequent, so don’t open positions blindly in the middle range.
2-hour chart
EMA short-term moving averages are sticking together, with long and short power fairly balanced.
MACD red histogram is shrinking, and bullish momentum is weakening.
The Bollinger Bands are tightening, locking the range at 83617-84454; volatility is about to expand.
Trading plan:
When price pulls back and stabilizes near 83600, go long. Stop loss: 83400. Target: 84450. If it breaks, watch the previous high.
If it rebounds and meets resistance near 84450, consider shorting. Stop loss: 84750. Target: 83600. If it breaks, watch 82700.
Current price is in the middle of the consolidation range, and the risk-reward ratio is not favorable. Be patient and wait for boundary signals. Manage position size carefully and place stop losses.
#BTC走势分析 #BTC contract
