BTC
Bitcoin broke the record high for three consecutive days. We adjusted the position three times in a row. The final average price was above 76,600. Some students were more aggressive and pulled the average price to 77,000. Academicians still recommend stability. After all, the fundamental of trading is survival. We are laying out at a high level, but we must first ensure survival, rather than doing it blindly. Short hunting continues.
Look at the daily K-line. Last night, the highest daily K-line reached below 77,200 and the lowest was 75,555. This morning The market opened at 76630 at 8 o'clock. The fear and greed of the market have reached a fixed point. We must maintain a rational layout. The EMA15 trend fast line is still stretching and has reached 71830. It is obvious that the stretch has not ended. The support at this position is still pulling up. MACD has increased its volume. DIF and DEA continue to spread upward at high levels. The upper rail of the Bollinger band has reached 76930, and the K line has returned to the channel.
The four-hour K line has an upward pennant pattern. Focus on the flag support of 76000 and the EMA15 trend fast line support of 75500. The MACD top divergence has ended and began to shrink. DIF and DEA formed a dead cross at high levels. The Bollinger band began to shrink. The upper rail pressure level came to 78500. The middle rail support reference is 75200. The big trend has entered the short hunting area. The idea remains unchanged and the high-level layout
Layout reference: Trend layout high-level short hunting continues, the market is not 100%, so you must bring a good stop loss. Safety first, small losses and big profits are the goal
