Bitcoin will flip to upward once it has a small drop
In the early hours of the morning, the bulls have the advantage. They repeatedly want to break through the resistance point, but they start to fall after reaching 7630, but they still keep running upwards.
On the day line, we see that the bull trend is relatively strong. At present, the Bollinger Band suppresses the vicinity of $7,700.
On the daiy chart, the Bollinger Bands' opening expends upwards. The MA5 crossed the MA10 that continued the trend of golden crosses. The trend further broke through the previous high and approached the upper rail of the Bollinger Band. Suppressing and maintaining the range of shock storage capacity, but the current obstruction is not heavy, and there is still the possibility of a continued outbreak.
At the 4-hour level, the market continuously closes the sun column and runs near the upper rail of the Bollinger Band. At present, the Bollinger Band is also supported by this upward wave. The indicators of each moving average are long.
Days of operation range: $7,330-$7,670, long orders near $7,350, stop loss of $60 points, short orders near $7,600, stop loss of $80 points, take profit around $200 each.
On the day line, we see that the bull trend is relatively strong. At present, the Bollinger Band suppresses the vicinity of $7,700.
On the daiy chart, the Bollinger Bands' opening expends upwards. The MA5 crossed the MA10 that continued the trend of golden crosses. The trend further broke through the previous high and approached the upper rail of the Bollinger Band. Suppressing and maintaining the range of shock storage capacity, but the current obstruction is not heavy, and there is still the possibility of a continued outbreak.
At the 4-hour level, the market continuously closes the sun column and runs near the upper rail of the Bollinger Band. At present, the Bollinger Band is also supported by this upward wave. The indicators of each moving average are long.
Days of operation range: $7,330-$7,670, long orders near $7,350, stop loss of $60 points, short orders near $7,600, stop loss of $80 points, take profit around $200 each.
Penafian
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