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BTC analysis


There isn't much change in today's market compared to yesterday.
The intraday BTC intraday points given yesterday were perfect, with both long and short positions.
btcTechnical Analysis:
Daily candlestick level:
1. Yesterday's daily candlestick formed a bearish combination with a cross-shaped pattern that closed with an upper wick longer than the lower shadow, combined with the daily chart two days ago.
2, the middle track of the Bollinger Bands forms resistance, with the middle track position of the Bollinger Bands near 63150.
3. The MACD line gradually flattens, and the MACD momentum column gradually rises. It is biased towards an upward trend.
2. 4H level:
1. There have been multiple attempts to test the support near 62000. The 4-hour candle has not fallen below it effectively, and it has regained above 62000.
2, rsi oversold. There is Rebound demand.
Three, 1H level:
1-hour Candlestick fell to a low of 61860 and rose to a high of 63200. The 1-hour trend is still a range-bound oscillation.
4. Summary: current market conditions,
1. From the perspective of the daily candlestick chart, it appears bearish, and at the same time, the middle band of the Bollinger Bands has not been breached.
2. In the small range, there is no clear direction around the support pressure zone. The Fed's interest rate meeting will be held at 2:00 a.m. tomorrow, which can be followed closely. The Long Wick Candle last night met expectations, and the range of Long Wick Candle tonight will not be small. It is estimated that tonight will be another moment of confrontation between long and short.
3. First support: 61950-61700. Second support: 60000
First resistance: 62800-63150. Second resistance: 64100
Intraday trading can refer to support pressure for reference to open positions. This analysis is for reference only, and stop loss must be taken into account when opening positions. Do not hold positions.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Herdufehvip
· 2024-10-09 10:46
Buy the Dip 🤑WAGMI 💪Keep BUIDL🧐
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BeautifulAndColorfulvip
· 2024-10-09 10:43
Upwards Long Wick Candle or downwards
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ClearWaterVvip
· 2024-10-09 09:43
666666666
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LittleFalconvip
· 2024-10-09 08:33
pro take me 💰
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Ryakpandavip
· 2024-10-09 08:33
All in All in 🙌
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