Today's resistance range (low long take-profit point, high short entry point):


btc: Yesterday's intraday (before 18:00) the biggest resistance for the rebound was near 86600, which was the profit-taking point for the long position in the early morning yesterday, and it just rebounded to the 0.618 position. It pushed up 350 points to touch 87066 at 18:45 before the US session, which was the starting point of last night's rise and fall. In fact, it is also okay to directly hang on to the maximum resistance point of 86600 in yesterday's intraday when entering a high short position, because it did not effectively break through. In the latter half of the night, it fell back to the lowest point of 82666, which is almost exactly a profit space of 4000 points. Coin friends who stayed up late basically maximized the profit.
Last night the downward point was 87066, the lowest point in the second half of the night was 82666, and the decline was 87066-82666 = 4,400. Today is Friday, how strong is the rebound in the morning, using coefficients of 0.5 and 0.618. Rebound points: 4400*0.5 = 2,200, 4400*0.618 = 2,719.2, the high points of the rebound: 82666+2200 = 84,866, 82666+2720 = 85,386. So, near 84850 and 85385 is the resistance points for the day. We can see that this morning btc rebounded to a high of 84894, so 84850 is just one of today's long position profit-taking points, and also the most recent short position point. This short position point is relatively low, so it needs to be monitored in real time for profit-taking first, and then enter at 85385 (also the second profit-taking point for long positions, remaining positions break even or stop loss).
so, the intraday resistance range today is 84850 (pay attention to the breakthrough situation after reaching it for the second time) - 85385, 86600
BTC0.06%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)