As can be seen from the 4H chart, SUI has diverged At the same time, it also reached the previous high point. And the retracement fell below the previous low of 1.65 So I think this is the end of this rally. Next, the short side should be the main one If it falls below the low of 1.59 of this retracement Then TP1 is placed at 1.48 If it does not fall below And a...
Looking at the daily line on the left, we can clearly see that BTC is coming out of a potential double top structure. Then it fell below the neckline around July 4th to 5th. But in the next few days, it turned into a bottom flip and the double top failed. And looking at the perimeter on the right The short-term EMA did not fall below the medium-term EMA At the...
Bitcoin After Yesterday’s Slump There was a false breakthrough on the daily line, This is also close to the pressure level of about 48,000 above. Therefore, the next month or so will be more critical days. That is, the triangle convergence of the daily line, And there is a false breakthrough at the high level here to lure bulls. I think this side might form a...