After Bitcoin retraced 26,600 last night, the bulls started the upward trend again, and the short-term support still showed an effective effect. Therefore, I still consider going long today. Because Bitcoin has a strong sense of rhythm, it must be able to withstand the shock in the middle. Lonely.For Bitcoin operations, it is recommended to buy at 27,000, with a stop loss of 26,300 points, and a target of 29,000~30,000~31,000.
The chart is a daily chart of Bitcoin
Bitcoin bullish is based on the following points
1. The daily adjustment of Bitcoin has touched the position of 38.2% of the golden section, and it has also pierced here during the intraday period.
2. According to the research and judgment of the wave trading system, the current three-wave adjustment of C Wave 2 has occurred, and it is not ruled out that the previous two-day low has entered the upward trend of C wave 3.
3. The upper pressure is 30,000~31,000, and the lower support is 26,600~25,300.
The chart is a daily chart of Bitcoin
Bitcoin bullish is based on the following points
1. The daily adjustment of Bitcoin has touched the position of 38.2% of the golden section, and it has also pierced here during the intraday period.
2. According to the research and judgment of the wave trading system, the current three-wave adjustment of C Wave 2 has occurred, and it is not ruled out that the previous two-day low has entered the upward trend of C wave 3.
3. The upper pressure is 30,000~31,000, and the lower support is 26,600~25,300.
Trade closed: stop reached
