Crypto Circle Red Sister 9.17: Is Bitcoin's narrow fluctuation brewing a major correction? Whether the 4H secondary divergence forms is the key! Today's Bitcoin (BTC) latest market analysis and trading suggestions!

CN
4 hours ago

Red Sister in the Crypto Circle 9.17 (Writing time 0:25) Today's Bitcoin (BTC) latest market analysis and trading suggestions:

The current price of Bitcoin is around 115800. The 4-hour BOLL channel has basically maintained a parallel trend throughout the day, with the price moving back and forth within the channel, showing overall strength! Currently, the K-line is approaching the upper track again. From the MACD perspective, the red bars have shrunk, and after the DIF and DEA formed a dead cross, they are facing a convergence stage again. A golden cross has not yet formed, so we need to continue to pay attention to the resistance at the upper track and the high point on the 15th. In the KDJ, the J value has entered the overbought zone, and the KD is in a neutral area, showing weakness. The RSI is facing resistance on the upward trend. Red Sister believes that after hitting the upper track, it will face a pullback again, and the strategy can continue to maintain a high sell rhythm! The defense can be placed above the high point on the 15th. If the DIF and DEA form a divergence again, then the lower target can continue to focus on breaking the lower track to reach the EMA60-EMA250 range;

Selling point sharing: ≥115800 short, stop loss above 116800; take profit at 114900-114200, breaking below 114000-113800 can continue to hold.

Buying point sharing: ≤113500 light long, stop loss below 112600; take profit at 114800-115500.

The article review and push have delays, the above points are for reference only, please grasp the timing of buying and selling yourself, and ensure proper risk control when entering the market, do not operate with heavy positions! Thank you for reading!

Follow the blogger to avoid getting lost in trading, scan to add Red Sister in the Crypto Circle, daily benefits await your participation!

Thus, our journey in the crypto circle begins to move towards a broader new starting point, and it is by no means an endpoint, as the road is still long and must be walked step by step! The ocean of the crypto circle is vast and boundless, full of opportunities and challenges. I hope you will always maintain a thirst for knowledge and a spirit of exploration for the unknown in the days to come.

Remember, the crypto circle is not just about numbers and charts, but also about the art of humanity, decision-making, and the future. In investing, maintain rationality and calmness, do not be swayed by short-term fluctuations, and view the market with a long-term perspective. Keep learning and improve your professional quality. Knowledge in the financial field is constantly updating, and only through continuous learning can you keep pace with the times and seize every opportunity. Be brave to try and innovate. Do not fear failure, as every failure is an opportunity for growth. In the world of the crypto circle, the brave often carve out their own territory. Finally, I wish you all shine on the stage of the crypto circle, realizing your value and dreams. No matter when and where, Red Sister cheers for you, looking forward to your wonderful performance. Red Sister wishes everyone smooth sailing on the road of the crypto circle, returning with a full load!

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