13/10000, 26/12/2022, Trading Dairy
Merry Christmas, the stock market is shut down, let's focus on cryptocurrencies
Within the sphere of influence of Christmas, the trading sentiment of BTC was sluggish. From the main chart, the price was basically oscillating around the G range, basically forming a straight line.
Therefore, we can only observe the changes in details through a shorter trading cycle. As can be seen from the newly formed shock range in the above figure, the current price has reached the upper edge of the boulevard range, and the price near 16875 is a good opportunity for short-term trading.
From a long-term perspective, the volatile market that has lasted for half a year has formed a new and longer bargaining chip concentration area for the overall short trend. The expansion of this area means that the possibility of the continuation of the long-term trend is increasing.
And the next effective support level for the long-term short market is around 9000
Within the sphere of influence of Christmas, the trading sentiment of BTC was sluggish. From the main chart, the price was basically oscillating around the G range, basically forming a straight line.
Therefore, we can only observe the changes in details through a shorter trading cycle. As can be seen from the newly formed shock range in the above figure, the current price has reached the upper edge of the boulevard range, and the price near 16875 is a good opportunity for short-term trading.
From a long-term perspective, the volatile market that has lasted for half a year has formed a new and longer bargaining chip concentration area for the overall short trend. The expansion of this area means that the possibility of the continuation of the long-term trend is increasing.
And the next effective support level for the long-term short market is around 9000
