BTC: Short-term market still has the risk of falling back
BTC's trend began to decline in the early morning, and retreated from around $9,050, further approaching the $8,700. the lowest was around $8,738. Based on the MACD indicator, the fast line turns head down, and it takes some time to form a dead fork. The MA5 and MA10 moving averages keep parallel, and the RSI indicator also shows a downward trend. The Bollinger Band of $9,200 upper line becomes a short-term resistance. The short-selling proposal given now is also very close to the target profit-taking position of $8,700. My suggestion: The short-term market still has the risk of falling back. It’s still a bit difficult to have a good rebound, but the upside opportunities still exist later. Entry: $8,650-$8,750 Stop-loss: $8,500 Take profit:$8,900-$9,000
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.