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#山寨季来了?# 2019.23 Morning Market Overview: BTC fluctuates upward, go long on dips.
BTC formed a solid bullish candle in the morning, with intraday oscillation upwards or sideways.
Yesterday, I waited for the BTC to break above and stabilize at 11.76 to go long, entered at 11.82 for a chase long, with targets of 11.88 and 11.97 all reached before exiting, making a profit of nearly 2000 points; I had a high short position set at 12.04 but missed it by 100 points.
BTC is currently forming an ascending triangle. You can wait for a right-side pullback to the trendline for a go long opportunity if it recovers, with a stop at 11.88 and a target of 12; conversely, if a bearish candle breaks the trendline, enter a short position with targets at 11.76 and 11.64, and a stop at 11.92; a death cross has appeared on the 1H MACD, making short conditions favorable.
go long at 11.76, defend at 11.69, target 11.88 and 12; conversely, go short at 12.04, defend at 12.1, target 11.88 and 11.79
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