Chaos Theory Analysis 7.14: BTC breaks new high again, and the 4-hour upward line segment continues upward!

一生一心缠论说 · 2023-07-14T00:37:52.000Z

At around 3 o'clock this morning, BTC once again broke through a new high to 31804! The last article of this account on the 12th has clearly stated that the general tone is upward. In terms of details, the big pie chose not to break the low of 29,700 first but directly to break the previous high of 31,500. Just yesterday morning, this account was still very special in the community. It is said that the probability of going straight up becomes greater, that is, the upward line segment will continue 4 hours after breaking through a new high. Fans who read the article for a long time should at least hold more than 50% of the spot. My own position reached more than 80% after adding ETH at 1881 at 11 o'clock yesterday morning. I just lost 20% of the short-term position at 31480. Wait for the buying point to appear before covering. Keep long-term positions unchanged!

At around 3 am this morning, BTC once again broke through to a new high of 31804!
In the last article on the 12th, this account has clearly indicated that the general tone is upward. In terms of details, Bitcoin chose not to break the low point of 29700 first but directly broke the previous high of 31500. Just yesterday morning, this account also specifically mentioned in the community that the probability of going directly upward has increased, that is, the upward line segment will continue for 4 hours after breaking through the new high. Fans who read articles for a long time should hold at least 50% of the spot. My own position reached more than 80% after adding ETH at 1881 at 11 o'clock yesterday morning. I just reduced 20% of Bitcoin short-term positions at 31480, waiting for the buying point to appear before covering it. Long-term positions are held unchanged!
In addition, when I was doing live broadcasts in the DingTalk group, in addition to Bitcoin and Ethereum, I specifically mentioned BNB for two consecutive weeks. The price at that time was between 230-240, and now the price is 265.6. Friends who bought and held it should have good returns.
Back to the market, the big cake has chosen to break upward. Those with heavy positions should consider selling points (breaking 31805 again) to reduce some short-term positions, rather than chasing the rise. Fans of this account should no longer have the bad habit of chasing the rise and selling the fall. Operate strictly according to the buying and selling points. Of course, long-term positions can be kept unchanged, as the big level has not yet finished rising!
In the 4-hour chart, as the new high is broken, the 4-hour upward line segment extends upward. After breaking the new high, it is already in the line segment to line segment divergence segment, and it is not possible to chase the price above the center. The 4-hour upward line segment may end once a selling point appears at the secondary level. When trading at the 4-hour level, wait for the callback to the 4-hour downward segment before buying. The callback segment constitutes the third segment of the 4-hour center, and the buying point of the center leaving segment is the segment with the largest space.
The trend type drawn by the same level decomposition of the 30-minute chart just corresponds to the upward line segment of the 4-hour level. After breaking the new high, the upward trend type of 30 minutes has increased in volume, without divergence. However, it should be noted that after breaking through 31804 again, there is a high probability that a 30-minute line segment will be adjusted downward. If you want to cover your position in the short term, observe whether there are three buys in 30 minutes as shown in the figure, and then three transfers and one sell to continue to reduce your position and make short-term profits.
The above analysis is for reference only and does not constitute any investment advice!