From a technical perspective, the 15-minute chart has already shown an upward fakeout of 8.92, indicating a false breakout. If it falls below 8.67, this rebound will be considered over.
The daily chart still suggests a strong position at 9.56. The key level on the 4-hour chart is at 9.25.
Identify the turning points; the bulls and bears are likely to be at these levels. The weekend market volatility is not high. Short at the current price with a stop loss above the previous high, or trade at the specified levels. For the rebound, test at 867 and 852 before making a move.
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.
#BTCUSDT
From a technical perspective, the 15-minute chart has already shown an upward fakeout of 8.92, indicating a false breakout. If it falls below 8.67, this rebound will be considered over.
The daily chart still suggests a strong position at 9.56.
The key level on the 4-hour chart is at 9.25.
Identify the turning points; the bulls and bears are likely to be at these levels. The weekend market volatility is not high.
Short at the current price with a stop loss above the previous high, or trade at the specified levels.
For the rebound, test at 867 and 852 before making a move.