๐ #Daily BTC Market Briefing | Explore the future of crypto and seize market opportunities! ๐
3Friends2024/09/04 10:36
By:3Friends
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BTC intraday multi-cycle long and short boundary line:
List the long and short dividing lines of each cycle, compare the relationship between the 4H long and short dividing lines and the current price. If the price is above the long and short dividing line, it is bullish in terms of space, otherwise it is bearish.
BTC Live Price: 56724
4H๏ผ59772
1H:58444
15m๏ผ57554
BTC market intraday multi-cycle direction:
List the bullish and bearish directions of mainstream currencies in each cycle. Based on the trend, control the direction.
4H: Bears strengthen
1H: Bears strengthen
15M: bearish weakening
Operation suggestion:
Under the guidance of the boundary and direction between bulls and bears, trade with the trend. Bullish space and direction are mainly operated by bulls, while bearish space and direction are mainly operated by bears.
BTCUSDT Intraday Trading Opportunities
Direction: short (bearish)
Admission location: 57414, 58414
Stop loss: 58795
Take Profit: 55900
0
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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