The BTC daily chart shows a false breakout (dropped below 94,000). A retest for shorting would be relatively safe. You can decide whether to consider a long position based on your personal strategy.
Today's outlook
Short (low risk)
1. Mainly in the red grid
2. Secondly, around the retest of 94,000
Long (high risk)
1. Currently, 92,562 has been touched and rebounded from; it’s best to wait for a reversal signal before going long.
2. The large timeframe green grid around 91,300—this price level has not been tested yet, and I will pay close attention to it.
3. If the above levels are directly broken down, then focus on the large timeframe 0.618, which is also the low price from 4 hours ago, at 89,569.
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#btc
The BTC daily chart shows a false breakout (dropped below 94,000). A retest for shorting would be relatively safe. You can decide whether to consider a long position based on your personal strategy.
Today's outlook
Short (low risk)
1. Mainly in the red grid
2. Secondly, around the retest of 94,000
Long (high risk)
1. Currently, 92,562 has been touched and rebounded from; it’s best to wait for a reversal signal before going long.
2. The large timeframe green grid around 91,300—this price level has not been tested yet, and I will pay close attention to it.
3. If the above levels are directly broken down, then focus on the large timeframe 0.618, which is also the low price from 4 hours ago, at 89,569.