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Friday morning trading strategy analysis Jing Yi
The box range has not been broken, and it still adopts a high and low trading strategy.
Bitcoin has faced several attempts to break through the level of 1195, but it encountered resistance and fell, and now the price is hovering around 1183 in a fluctuating manner.
Through the hourly chart, it shows that the short trend has declined for five consecutive days, surpassing the support of the middle line, indicating the strength of the bears in the short term. Currently, all indicators and moving averages tend to weaken overall. Since the box structure has not been broken yet, the trading strategy remains basically counter within the range, so we should watch for a pullback in the morning, and if the support at the bottom is not broken, we can consider buying.
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BTC 1187-1191 sell zone, target around 1170-1160 near #Gate ETH十周年回馈 #特朗普AI战略 #Gate Launchpad IKA上线 #BTC
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