Trader Chen Shu: Bitcoin BTC market strategy for the evening of June 15 *1, short and bearish after falling below the support and rebounding at 66800
From the perspective of Bitcoin trend, the daily level fell yesterday and tested the MA120 daily moving average (65000) line. This position was written in yesterday's article as the support level for short-term market retracement. At present, it has not fallen below this line for the time being. Next, continue to pay attention to whether the support of the MA120 daily moving average (65000) of this daily line is effective.
From the 4-hour chart, yesterday's article wrote to pay attention to the 4-hour MA256 daily moving average support. Yesterday's market fell below this support line, but stopped falling at the MA120 daily moving average of the daily line. At present, short-term attention can be paid to the suppression of the 4-hour MA256 daily moving average (66800). If you are close to this line, you can consider shorting and bearish with a light position.
Trend operation suggestions:
1*Short with a light position at 66800 when rebounding (the market fluctuates less on weekends, so consider shorting with a light position at 66400 first), target 65800, reduce position and hold when breaking through, and look down to 65200
2*If it touches 65300-65000 below, go long with a small stop loss and look for rebound
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