The daily chart shows recent fluctuations in the range of 108000-109500, presenting an overall consolidation trend after a high-level correction. The hourly timeframe has shown multiple long upper shadows, indicating significant selling pressure above, while the lows are gradually rising, providing some support. The trading volume on the hourly chart is noticeably fluctuating, with an increase followed by a price pullback, suggesting a lack of enthusiasm for chasing prices higher. Currently, it is advisable to continue operating with a strategy of high selling and low buying.
trading strategy Short BTC around 108700, 109500, target 107500, 106800 with built-in defense.
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LuckAndFortuneComeTo
· 6h ago
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Tuesday Morning Jingyi trading strategy analysis
The daily chart shows recent fluctuations in the range of 108000-109500, presenting an overall consolidation trend after a high-level correction.
The hourly timeframe has shown multiple long upper shadows, indicating significant selling pressure above, while the lows are gradually rising, providing some support. The trading volume on the hourly chart is noticeably fluctuating, with an increase followed by a price pullback, suggesting a lack of enthusiasm for chasing prices higher. Currently, it is advisable to continue operating with a strategy of high selling and low buying.
trading strategy
Short BTC around 108700, 109500, target 107500, 106800 with built-in defense.
Market conditions change rapidly, trading strategy is for reference only #Gate 新上线 WLFI# #九月份加密市场能否突破# #今日你看涨还是看跌?#