【Still keep high-altitude thinking】

峥嵘说 · 2023-08-18T09:00:33.000Z

#BTC #大盘 ❶The upper resistance of the big cycle has been verified. This decline is a true breakthrough. The next market can still look downward. ❷After the market fell sharply, it closed with a long lower shadow line. Here is the expectation of rebounding from the upward trend line (blue line) So don’t chase the short side. It’s still the most stable to hang high near the black circle 1. ❸After rebounding and falling, there will be a second bottom, and the validity of the bottom will be tested again. If the blue circle 2 test is effective and rises, there is a high probability that the red rectangular shock area in the picture or other shock trends will appear, and the shock can be around in a short period of time. The upper line is repeatedly high, or grid trading is performed!

#BTC  #Market
❶The upper resistance of the large cycle has been verified. This decline is a real breakthrough. The next market trend can still be expected to go down.
❷After the sharp drop, the market closed with a long lower shadow, and there is an expectation of a rebound upward trend line (blue line)
So don't chase the short position. It is most stable to hang high near the black circle 1.
❸ After the rebound and decline, there will be a second bottoming out to test the validity of the bottom again. If the blue circle 2 test is valid and there is an increase, there is a high probability that the red rectangular oscillation area or other oscillation trends will appear in the figure. In a short period of time, you can repeatedly high-altitude around the upper line of the oscillation, or conduct grid trading!