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🔥BTC86800's support, can it withstand the fundamental Unfavourable Information?
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Like after viewing
Around 86800, long
TP:88400--88800--90500
SL:86500--84000
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Key levels have been given to everyone. Now let's talk about the logic. From the four-hour perspective, BTC's pattern is forming a triangle convergence. Today, Unfavourable Information caused a drop of over 4000 points. If it is positive news, it may break through 91000 and experience a phase of upward movement. However, since it has already fallen, the subsequent rebound in this wave of upward movement is likely to form a consolidation zone, and it is possible to consolidate for one or two weeks.
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Including the four-hour uptrend line support around 85000-84000, this range has rebounding volume, so I suggest everyone to wait a bit before entering a long position.
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The above is the short-term trading analysis guide for BTC operations
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If you have any questions, feel free to communicate with me at any time.
Wish everyone a smooth trading, thank you for the support #BTC# #行情震荡下的投资策略#