$BTC Yesterday I mentioned that if the Bollinger Bands widen when the daily candle closes, the lower band acts as support. Sure enough, after touching the lower band, the price bounced back. Yesterday, two trades netted over 2,400 points on the long side, while an overnight short brought in 500 points. The 828 level below also held firm. A long position was then opened at 830. The market is still moving sideways—will it rise or continue to consolidate…
Looking at the charts, the weekly TD count has reached 9. Generally speaking, a weekly TD 9 is a reversal signal. But there’s one caveat: if the TD count follows a continued upward move, a reversal at 9 is more likely; if the market weakens first and then recovers, the TD setup can instead strengthen. Different price movements correspond to different structures, so the odds of an upward move this week have increased. The main intraday strategy is to go long, and we may even see a break above the recent short-term high this week.
For the short term, consider going long around 830. The target remains 851–856, with the next resistance zone around 880–890. $BTC
$ETH
#比特币突破8.4万美元 #比特币市占率回升至60% #英国高院裁定钱志敏案适用中国法
Looking at the charts, the weekly TD count has reached 9. Generally speaking, a weekly TD 9 is a reversal signal. But there’s one caveat: if the TD count follows a continued upward move, a reversal at 9 is more likely; if the market weakens first and then recovers, the TD setup can instead strengthen. Different price movements correspond to different structures, so the odds of an upward move this week have increased. The main intraday strategy is to go long, and we may even see a break above the recent short-term high this week.
For the short term, consider going long around 830. The target remains 851–856, with the next resistance zone around 880–890. $BTC
$ETH
#比特币突破8.4万美元 #比特币市占率回升至60% #英国高院裁定钱志敏案适用中国法
