The operating ideas for Monday night are as follows:
From the technical structure point of view, in the small cycle level, the overall operating channel has narrowed and developed in a parallel state. In terms of intraday price, it also tested downward many times and was finally recovered near the mid-track area. Although the price broke through this area during the period, the price still remained stable. It cannot effectively stabilize the bottom of the middle track. At present, the energy aspect of the indicators in the attached picture maintains a bullish arrangement. There is currently no sign of a turning point in the moving average. The overall rhythm of the small cycle is relatively obvious. After the price fell sharply, the market also needs to Repair the current turbulent sentiment and be fully prepared for the subsequent price to rise further!
At the short-term level, the intraday price was under pressure and restrained after reaching the 69,000 area, forming a callback trend. The operating channel currently maintains a parallel state and is developing. Although the volume and energy are arranged in a short position, the overall price is still oscillating in the mid-track area. The power of Kongtou can be released! In terms of rhythm, the bulls are currently maintaining a restorative state upward, so the evening operation idea is to go long according to the trend!
Personal suggestions for operation:
Bitcoin is long in the 68300-67800 area, with a target of 69000-69500!
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