New Yaa Talks About the Future: Bitcoin Market Predictions After June 10th

CN
3 hours ago

Good afternoon, everyone. I am Xinya. Yesterday, we should have experienced some happiness for the trade. The positions of 62800 and 1680 have hit the key turning point of the dealer.
Alright, let's briefly update as my focus has been on the World Cup recently. Just a quick review of the trade.

On the night of 6.9, the big coin had five consecutive bearish candles in one hour, retracing to 60800, then turning around with five consecutive bullish candles that did not break 62500. During the day, it fluctuated downwards, being obstructed at 61800, and there was a long lower shadow at 60700. At eight o'clock in the evening, a bullish engulfing candle went to 62009.

There are many possible trends recently, changing endlessly.
These correspond to three possible structures of the big coin.
First, a double central center pressure, where the lower part can find a central center, and the upper part does not break the previous central center.

Second, the consolidation pierces the lower central center, moving downwards in a straight line.

Third, competing for the central center, fluctuating within a large range, not breaking the box, oscillating around the central center, staying horizontal.

The first and second possibilities are relatively high. It is conservative to directly apply the thinking from 6.9.

You can enter at 61800, add at 62500, and add a second time at 63200.
Conservatively, you can enter at 62500, with a stop loss at 63500.

Recently, every time it touches 60800 there has been a rebound. The future trend depends on the reaction when it touches again. After touching again, a small rebound may occur, followed by being pressured to find a new one-hour central center for consolidation. It may also break through directly to open the range. This corresponds to the first and second structures given.

Ethereum is too lazy to look at closely; there has been a lot of back and forth recently, completely synchronizing with the entry and exit of the big coin. If the target segment becomes 1640, the next segment will first touch 1600, then 1550. Of course, there may be a small rebound around 1580 due to resistance, as this was our target point from a couple of days ago. After oscillating for a long time, if it drops, it will drop relatively deeper before consolidating again.

As a left-side trader, I have already entered short at the time of operation.

Synchronize your journey with us, public account: Xinya Talks about Chan.

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