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7.23 Wednesday
Good early morning, everyone!
Stay up late again tonight, during the day we had a rebound high and a low buy on the Silk Road, Auntie made two waves. In the afternoon, it was mentioned that if the upward position does not break through the 3700-3725 area, it will pull back. When it retests around 3630, we will catch the rebound. Basically, these are results that can be obtained. The big coin didn't drop to the position in the retest range and rebounded instead. The strong resistance above is still viewed around the two positions of 1195-1205. Keep holding on.
The Bitcoin currently approaches the first strong resistance level around 1195. If it breaks this level, we will look at the next key level around 1205. If it can't break the resistance and makes a small correction, we will first watch the area around 1167-1162. If it breaks below, we will look at 1158 as the major support level. If it doesn't extend, we will consider going against the trend to catch a rebound.
The current pressure for the aunt is around 3750-3770, and the same reference for the big cake is near 1195. If it breaks through, then look at the two positions around 3800-3850. If it faces pressure at the first and second target levels, it will pull back. The first downside target is around 3670-3650, and if it breaks through, then look at the two positions around 3620-3580.
In the early morning, take a long position on the Silk Road high altitude. First, observe the rebound under pressure before entering short, then wait for a pullback support to enter long. Focus on one direction and make the right moves. If there’s an opportunity in the late night to enter, take it. In the market, trading is about who can hold on the longest. Don't let the market disrupt your own rhythm; a good mindset comes first.
()#山寨季来了?