Good morning, everyone. The market has been severely shaken in the past two days, and the volatility is still relatively large. After the bulls pulled up more than 1,500 points yesterday, the bitcoin price experienced a large inverted V-shaped retracement, with the retracement reaching 1,000 points, and once again dropped to the 28,900 line.
From the daily trend, yesterday closed a long hammer star Yang line, and did not set a new low. The 4-hour level closed two cross stars, and the short-term bullish trend remains unchanged. In one hour, we can see that the bottom is constantly rising, the support below is strong, and the MACD dead cross energy column is running in a shrinking volume. The three lines of KDJ below cross upward. In the morning, our idea is still to retreat and enter more.
In terms of operation, the price of pie is around 29050-28800, the target is 29700-30100, and the defense is 29400
Second cake 1830-1820 more, target 1880-1910, defense 1800
So King Caesar has given you his ideas for today, I wish you all good luck🌹
