BTC: Do long/short back and forth with the range $7400-$7000
The four-hour chart is the most obvious to show a downtrend. All indicators are mainly downtrends. The KDJ diverged downward, showing no signs of a rebound, and a MACD death fork was formed. There must be a wave of callbacks in the short term.
If you really want to pay attention, there is only a 4-hour Bollinger Band crossing. The difference between the upper and lower tracks is $400. After an hour, the Bollinger Band breaks. You can naturally look at the $7,500 and the $7,100 resistance support below. This is the real interval resistance of the Bollinger Bands. The current space is only 400 points, and the space of Bollinger Band indicators will definitely be expanded in the later stage.
BTC short-term operation ideas: if the current market price remains below the $7,400, then short, and the resistance of the upper and lower shadow lines is flat. the target point is $7,100. Then Enter the market if the price range $7,050-$7,100. During the period, you can do long/short back and forth. be careful to set up the stop loss and prepare for risk control.
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If you really want to pay attention, there is only a 4-hour Bollinger Band crossing. The difference between the upper and lower tracks is $400. After an hour, the Bollinger Band breaks. You can naturally look at the $7,500 and the $7,100 resistance support below. This is the real interval resistance of the Bollinger Bands. The current space is only 400 points, and the space of Bollinger Band indicators will definitely be expanded in the later stage.
BTC short-term operation ideas: if the current market price remains below the $7,400, then short, and the resistance of the upper and lower shadow lines is flat. the target point is $7,100. Then Enter the market if the price range $7,050-$7,100. During the period, you can do long/short back and forth. be careful to set up the stop loss and prepare for risk control.
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