Just like I analyzed in the morning, Bitcion is still running in range in 7820~8366 congestion area.We should wait for 8466 buying opportunity and 7753 selling opportunity. When price is still in this congestion area. I strongly recommand you do not participate that . Because that's dangerous.
If many of you are high frequency trader. Maybe I'll provide 5min level analyze. Please leave message and let me know.
And don' t forget set stop loss all the time when you trade.
Quota: Morning analyze
"First from the day level analysis. February 5th 8335.56, forming the bottom of the left high of bottom type(Later I'll write an article to clarife bottom type and top type). After the point was takeover on February 7th. The February 9th low point of 7,753.32 will be an important support line for the top type. If the daily close point below 7753.32, will cause the next round of falling, looking for the other round of bottom type. If continue to break last high point 9090.8. Then 9491.20 will be the next resistance position.
The above is the daily level analysis.
Now let's take a look at the 30-minute figure, and the current main block runs at 7820-8466. Break through 8466 and then pull back to the center, will constitute two good buying opportunities. Breaking down the 7820 and getting back the 7820 will be two selling opportunities.
That is a 30-minute analysis.
If combined with daily and 30-minute level analysis. Support at 7753.322 and 7820 or so. Pressure is at 8466 and 9491. Therefore, buying method have more profit space, so it is recommended that we only set buying order."