Technical analysis of BTC contract on July 24:
Today, the large-cycle daily level closed with a small negative line yesterday, the K-line pattern was single negative and single positive, the price was at a high level, and the attached indicator was dead cross running, but note that the overall trend has entered the range of fluctuations, and there is no continuation of price increases and decreases. In this case, we should pay attention to the rhythm of washing the plate, which is a very common trend rule, and it is also the trend that many trading friends are most likely to lose money. If you can't find the rhythm and are not calm enough, then the result is back and forth stop loss; the short-cycle hourly chart fell yesterday without breaking the low US market and the price consolidated in the early morning. The Asian morning rose continuously. The current attached indicator is golden cross running, and the price is above the moving average, so today's trend is still rising during the day and then retreating under pressure. It is likely to remain in the range of fluctuations, with a high point near the 121000 area and a low point of 115700 area.
Today's BTC short-term contract trading strategy:
More in the 117600 area, stop loss in the 117000 area, target 118000-119000 area;
Today, the large-cycle daily level closed with a small negative line yesterday, the K-line pattern was single negative and single positive, the price was at a high level, and the attached indicator was dead cross running, but note that the overall trend has entered the range of fluctuations, and there is no continuation of price increases and decreases. In this case, we should pay attention to the rhythm of washing the plate, which is a very common trend rule, and it is also the trend that many trading friends are most likely to lose money. If you can't find the rhythm and are not calm enough, then the result is back and forth stop loss; the short-cycle hourly chart fell yesterday without breaking the low US market and the price consolidated in the early morning. The Asian morning rose continuously. The current attached indicator is golden cross running, and the price is above the moving average, so today's trend is still rising during the day and then retreating under pressure. It is likely to remain in the range of fluctuations, with a high point near the 121000 area and a low point of 115700 area.
Today's BTC short-term contract trading strategy:
More in the 117600 area, stop loss in the 117000 area, target 118000-119000 area;
Trade active
We bought BTC at 117600. Now the market price has reached our strategy target and we have made a profit. Now we will analyze the next trading signal. If you need it, please contact me!Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Good trading signals can help you make profits in the market. I will share trading signal analysis of various products every day, hoping to help you!
t.me/+WHE58rEaywExNWVh
t.me/+WHE58rEaywExNWVh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.