The current trend is clearly upward. The top of this round is around 102100. This week, you can consider testing the top. The advantage of trading against the trend is that the stop loss is very small, almost negligible. Each time, you can either take a small profit or ride out a correction. Currently, the resistance levels above Bitcoin are around 95090 and 97300. Both of these levels can be considered for short positions. During a correction, protect your capital, and you can close some positions at the lower Bollinger Band. Do not chase long positions; if a correction occurs, around 91700 is a very good level to go long.

BTC-0.8%
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)