Jingcai Trends: BTC fluctuated upward on May 6, when will it break through?

景财 · 2023-05-06T05:36:23.000Z

Hello everyone, I am Jing Cai as you are familiar with me. Yesterday, BTC's non-agricultural data was negative, and then it fell briefly and then quickly rose, reaching a maximum of around 29,850 this morning. It's still a little short of our short-term price of 30,000 yuan. However, our medium and long-term long orders are still profitable, and our short-term long orders are still profitable at 1,000 points. However, the ether rose a lot yesterday. It is now oscillating back and forth and the current triangle pattern has not yet completely broken through. The weekend is about to end, and the closing line is very likely to close a needle with a relatively long lower lead, so the probability of rising momentum next week will be much greater. Jingcai has always been bullish. You can look at past analysis times to compare points. Including short-term orders, they are relatively accurate. The longer the oscillation here is, the more severe the main force's washout will be, and the subsequent impact will be higher. Recently, during this period of oscillation, the trading volume has been relatively high, and the main force of long and short positions has been shipping and purchasing goods back and forth. It just depends on some game situations in my mind.

Hello everyone, I am Jingcai, who you are familiar with. After the negative non-agricultural data of BTC came out yesterday, it briefly went down and then quickly pulled up, reaching the highest point of 29850 this morning. It is still a little short of our short position of 30,000. However, our medium and long-term long orders are still profitable, and the short-term long orders are still profitable by 1,000 points, but Ethereum rose more yesterday. Now it is oscillating back and forth and the triangle pattern has not been completely broken. The weekend is about to end, and there is a high possibility that the closing line will be a needle with a longer lower lead, so the probability of the upward momentum next week will be much greater. Jingcai has always been a die-hard bull. You can look at the previous analysis time to compare the points. Including short-term orders are relatively accurate. The longer the oscillation here, the more severe the main force will wash out the warehouse, so the subsequent impact will be relatively strong. Recently, during this period of oscillation, the trading volume is relatively high, and the main long and short forces are shipping and purchasing back and forth. It depends on some of the game situations in your mind.
Then let's return to the market trend. After the BTC evening data came out yesterday, it just hit 28650, which was also the low point of the day before yesterday. Then it began to rebound rapidly and rose all the way to 29850. I gave an order to enter the market at 28800. So there is also a profit of 1000 points. It started to pull back in the morning, but it did not reach the short short position near 30,000 that I gave, which is a pity. Now it has fallen back to 29320. However, we can continue to hold the long orders at the previous low, and the market is moving as I said as expected. If it breaks through 30,000 again in the future, we may not consider shorting for the time being. If it stabilizes, it may accelerate upward. I think it will break the new high near 31,000 sooner or later. At the weekly level, if the closing line is still above 29500 after two days, it will have to go up next week. Then it may depend on the short-term pressure around 32600-32800. When it was around 28500 for the first time before, I said there was pressure around 30800-31000. Finally, it touched 31050 and then fell. It fluctuated for more than a week. Next week, we will see whether it will go up a level. So let's see what happens next week. There is nothing to say in the short term. It is still the same as before. As long as there is a pullback, it is an opportunity to buy more. You must have followed my words last week and made money. Recently, I have drawn several points in the graphs for you. You can pay more attention to these points. Because the horizontal lines drawn in these graphs are very important. If the market fluctuates greatly, you can communicate with Jingcai in time.
From the daily level, yesterday closed with a big positive line, and the middle track of the Bollinger band is near 28700. Yesterday it also stepped back to this position, so we can see whether it can effectively break through a key position here. If it breaks, it may accelerate the downward trend and continue the previous shock.
From the 4-hour level, the Bollinger Bands began to move slowly downward, the middle track of the Bollinger Bands was around 29,000, and the MACD was moving slowly downward. The KDJ three lines began to cross downward. The current operation is mainly low-long, supplemented by high-altitude short-term, and try not to short.
BTC attention: All operation points will have a profit of at least 200 points when they are effective for the first time, so you can grasp it yourself. The community Jingcai will notify you
Short-term long direction: 28600-28800 long, stop loss 28500, take profit 29000-29500-30000 Short-term short reverse: 30000-30200 short, stop loss 30250, take profit 29500-29000 need to wait for the direction Long direction: 25500, 27100 have been entered. It is still low, so we can just hold our low long orders.
In this market, there is no shortage of teachers, analysis, or operational suggestions. The only thing missing is a sincere and simple heart to do market analysis for you. I don't have gorgeous profit screenshots here, nor do I promise you a certain percentage of profit. I only have a sense of duty. If you have been losing money and are not doing well, and want to follow Jingcai's lazy way, you can pay attention to Jingcai's trend. If the market changes too quickly, try to communicate with Jingcai. My daily analysis ideas can be used for your reference. When making orders, control your positions reasonably, and do not operate with heavy or full positions. My personal opinions are for reference only. Investment is risky and you are at your own risk!