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BTC daily chart closed with higher trade volumes forming a spinning top, with heavy selling pressure above, showing short-term stagnation. The 4-hour chart is in a consolidation phase, and personally, I am more inclined to draw a downward door ( because the previous wave of market movement was a sudden pump due to news ), while the 1-hour chart is showing a converging triangle. The daily chart indicates a downward trend.


Still has not broken, the key focus above is whether the daily chart entity can hold above 97000. Otherwise, it will continue to dive deeper. The liquidity is low on weekends, and for ultra-short-term trading, you can refer to the Bollinger Bands on the 5-minute and 15-minute charts for light positions to sell high and buy low.

Aggressive buy near 88000-87000, stop loss at 86500, take profit.
89500--91500

Regularly buy at 84500--83500, stop loss at 83000, take profit at 85500--87000

Steady buy at 82500--81500, stop loss at 81000, take profit at 84000--86000--90000

Short in the range of 92500--93500, stop loss at 94000, take profit at 90500--88000(. The wave done yesterday was a big profit, and when the market comes to this range, you can still try shorting with a light position ).

Short in the 95000--96000 range above, stop loss at 96500, take profit at 93500--92000
BTC0.53%
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Lastmostvip
· 11-29 12:36
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LightingXiaomivip
· 11-29 09:41
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LightingXiaomivip
· 11-29 09:41
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JiangChengvip
· 11-29 03:48
11111111
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GateUser-ab94b0c1vip
· 11-29 02:11
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Beautiful188vip
· 11-29 02:10
Steadfast HODL💎
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