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Bitcoin market analysis
Don't forget that this wave of Bitcoin rose to a bull market of 49,000, and CON base also rose early, so what is it in this minute?
It's just falling down early. What are some of the points we need to pay attention to?
We explain to you in detail through Bitcoin itself, if you have Long in the middle of the triangle, the bullish Bitcoin price comes to around $44,600, you need to pay attention to the Market Maker area above this minute has reached a m-top line.
The other Market Maker zone is around the $45,000 range of Flying Wave 0.618, which is a potential resistance zone, and the price should have a rejection move when it comes.
There is also a point that the Bitcoin breakthrough of the triangle has a 70% probability of backtesting the central axis of the triangle, I have said many times in the program, even if it is a little higher, it will backtest this point, which is 70% probability.
You can also verify it together, so this minute I think if you are long, you have to eat a part of your profit in this minute, and set up a capital preservation action to meet the next wave of the market. When we look at the Futures Trading team, in fact, around $45,000, what actions can you pay attention to? When the needle is pricked up and the needle is closed, it is a potentially bearish middle, and the other angle is that it does not go up so high, it is about an hour level of engulfment in this price range.
If we want to look at the signal of the devouring decline, we should take the starting point of 44,300 US dollars as a reference point, which is the initial confirmation that the retrospective may begin, and another relatively stable confirmation point is the price of 44,100.
So you can pay attention to whether there is a retrospective signal on the right side, and there is also a way to go up and stick the needle directly to 0.618 when you close the needle, you can try to touch the price range of this top. Remember to make sure to stop your loss at the highest point of 2B points that you think