Friday afternoon insights: Bitcoin rebound is slightly weak, and it is still short in the future!
What about the rebound? Bitcoin rebounded slightly strongly, so is Bitcoin a rebound or a reversal? It still rose and fell during the day. Maybe the market sustainability is not very strong. The price of the currency is just a rebound, and there is no reversal. Two consecutive shorts during the day, the decline is harvested as expected, and the subsequent rebound will continue to be short!
From the 1-hour chart, the moving average continues to maintain the staggered arrangement of yin and yang, and the 1-hour is still a downward trend. The moving average resistance now moves down to around 89,000. Bitcoin rebounded in the afternoon and continued to go short at highs below 89,000. If the direction is wrong, the effort will be in vain. If the direction is right, it will be twice the result with half the effort. Don't make excuses for failure, just find ways to succeed. Have you found it?
In terms of Bitcoin afternoon operations, Lin Kun personally recommends rebounding to 88350-88850 and go short, and the target can be around 86500-86000! #新币挖矿&盘前交易USUAL #美国零售销售数据即将公布 #XRP短线上扬 #新币挖矿你参加了吗? #超级MEME周期? $BTC $ETH $SOL