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April 24: BTC has been rising north, touching the 95K line: will the temporary adjustment continue to move north?
Daily level forms a doji bullish candle: In the short term, the surface battle between BTC bulls and bears is ongoing, with the southern forces trying to defend the 94.5K level to prevent the northern forces from occupying it. If the northern forces successfully establish a position here, they will likely push up to the 98.5K line. However, if the northern forces cannot effectively break and hold the 94.5K level, this could prevent the southern forces from launching a move that forms a evening star pattern at the upper Bollinger Band on the daily chart. Attention should be paid to the range of 91.3-91.5K below, as the main forces are likely to consolidate and continue accumulating positions until there is enough capital to choose a direction. Intraday trading can involve both buying low and selling high in both directions.
Intraday trading strategy
93800 Short South: Risk control 540 points: Destination 800 points: The strength of the southward movement in the later period is strong, and can be held.
94800 South: Risk control 750 points: Destination 1500-2000 points
92500 buyback point 91500: risk control 1000 points: destination above 2000 points
The perfection of trading practice is not about conquering the market, but about finally understanding yourself. May everyone who journeys in the market be able to sediment wisdom amidst the fluctuations and encounter tranquility in the passage of time. 🌱