Master Chen 4.19: Both long and short sentiments are washing the market. Pay attention to the support and resistance range in the short term #比特币减半 #大盘走势
BTC 1 hour chart:
In the 1 hour level, Bitcoin has temporarily fallen below $60,000 and rebounded due to the unstable situation in the Middle East caused by the news from Israel. At present, due to the problems in the Middle East, the price of the market is fluctuating, and the halving day is approaching, and the volatility is expected to increase further.
Bitcoin has rebounded slightly, and the chart shows that it is near the downward trend of the 4-hour line. At present, Master Chen is more inclined to the view that it will rebound in the short term and then fall again than to fall further.
Pay attention to the first resistance level of 62000 and the second resistance level of 62430 during the day. When the market breaks through the first resistance level, it is expected to stabilize at a higher low point again, and it can rebound to the second resistance level. But in the current unfavorable situation, for short-term trading, everyone can take profits and take a conservative trading strategy to deal with price fluctuations.
The first support level for the day is 61000, and the second support level is 60500. Because the first support level is the current low point, if the price falls below it later, the possibility of further decline will increase.
If the price wants to continue to rebound, it needs to maintain this price level. The second support level can be regarded as a short-term buying opportunity during the day. While expecting a rebound, we must also set a more reasonable stop loss.
In today's trading, Master will maintain the view of a short-term rebound. After the subsequent rise, we can observe the increase and decrease in trading volume to find trading opportunities in the adjustment range.
In addition, in the current situation where there are both negative and positive factors, Master recommends short-term trading rather than long-term holdings. If there is a sharp drop, then we can pay attention to the low point of the K-line and regard it as an opportunity to buy and go long, and we can also expect greater returns.
4.19 Master's short-term pre-buried order:
In Master's article yesterday, the entry point for long orders was 61650-61000. The market price fell to around 60800 yesterday afternoon, and then rose all the way, with the highest rising to 64132 in the evening. Congratulations to friends who followed the long order layout. In addition, the first and second points of short position entry both suffered losses, which also shows that the bull market is indeed very strong.
BTC:
The first entry position for long orders is 61000, the second entry position is 60500, and the target is 61700-62430
The first entry position for short orders is 61700, the second entry position is 62430, and the target is 61000-60500
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