April 10th midday Silk Road and suggestions

Bitcoin once again hits a new high. Did you go long? Although Bitcoin has reached a new high again, it only poked upward, creating a false breakout of the previous high. The closing price did not stay above the previous high of 72,876, which is worth being cautious about. The three candlesticks pointed out by the red arrows above are all upward pokes, and none of them closed above the 72,876 resistance. This likely forms a Trident pattern. The appearance of a Trident pattern indicates that Bitcoin on the hourly level needs a correction. I can't give you an exact target for the correction; just watch as it develops. The two retests indicated by the white arrows below did not break below the support at 70,484 and showed a double pin bottom pattern, which is a bullish signal. The area circled in white shows a piercing pattern, which is another bullish signal. Why are you not going long and instead going short? After the piercing pattern, the price started to rally and broke through the resistance at 71,719, giving you three chances to go long. If you still don't take the opportunity, you're truly hopeless. Do you think that if the price rises too much, it must fall? That mindset is the beginning of your losses. As long as Bitcoin retests the support at 71,719 without falling below it and doesn't re-enter the wedge pattern, the decline won't expand. If it re-enters the wedge, it will retest the support at 70,484 again. If that support fails, it will test the support at 69,279. The support at 70,484 has been tested twice with good rebounds. If the next rebound fails to make a higher high and retests this support again, it will break. To continue the rebound, the closing price must break above 72,879 to look toward around 73,989. If it falls below 70,484, the hourly upward move will pause temporarily.

Bitcoin broke through 72,121 with volume. Aggressive traders can chase longs on the right side. The decline below 71,544 with volume and the inability to recover indicates a short position on the right side—set a good stop-loss.
Bitcoin on the hourly level broke above and stabilized at 72,121. Looking up to 73,251-74,286; if it can't go above 72,121, it’s useless.
On the 4-hour level, a break below 71,535 points downward toward 70,490-69,329.
Resistance above: 72,121-73,251-74,286
Support below: 71,527-70,456-69,192

$ETH Strategy:
Bitcoin with volume breaks above 2,197. Chase longs on the right side, stop-loss on the close.
2174 with volume breaks below, chase shorts on the right side, set stop-loss.

Retest 2,133 to confirm support and add one long position,
break below 2,100 to stop-loss.
Bitcoin on the hourly level stabilizes above 2,197, looking up to 2,231-2,273.
Watch for a short opportunity at 2,239 above,
break above 2,273 to stop-loss.
Left-side order: buy at 2,086, stop-loss if below 2,045.
Resistance above: 2,197-2,231-2,273
Support below: 2,156-2,117-2,085

On the 4-hour level, a break below 2,159 points downward toward 2,088-2,028.
Although Bitcoin broke out of the bullish flag pattern, it only created a false breakout above 2,233 resistance. Then it retraced and broke below the support at 2,193. If 2,193 cannot be reclaimed, the decline will deepen, and it will retest the support at 2,158.
Breaking below 2,158, the bullish trend marked by the red box is gone.
The areas circled in the white box are within the retest range of Bitcoin; just watch the risk.