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BTC Intraday Analysis 9.20

CN
森哥本森
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2 years ago
AI summarizes in 5 seconds.

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[Analysis on September 20th, the time I am writing this article is 9:58 AM. The publication of the article has a lag, so everyone should make timely judgments.]

The rhythm is so important, as Chanshi said, watching the trend grow is as wonderful as listening to a flower bloom. Continuing from yesterday's analysis, I reminded everyone to look for two types of buying points on the 1-hour sub-level to continue entering the market. I don't know if the interested friends followed the operation. Also, the daily chart has reached a critical position facing the MACD zero axis and the MA240. As expected, the market chose to continue the strong attack. Today's closing, we can see that the 4-hour and daily charts have both risen above the MA240, which is a very good signal for long-term viewing. The MACD also continues to cross the axis, but there may be relatively intense fluctuations during the day, after all, it is a watershed between long and short positions. It is recommended for those holding long positions to continue holding, unless the 15-minute chart no longer forms a new high after the 2nd sell on the 5-minute chart. During the day, we can follow the trend of the 1-minute chart. If a 2nd sell appears on the 1-minute chart and does not break through the high point of the 15-minute chart, then we should reduce our position. Whether it is a new central oscillation, a reverse trend type, or a three-stage trend later, that is a matter for later. However, at present, I personally think that the long side is still stronger. Therefore, for those without technical expertise, it is recommended to reduce operations and not to open short positions at will. Otherwise, a strong pull will blow you up, because often when choosing the direction on a large scale, this kind of tactic will be used to let most people fall behind the rhythm. Otherwise, wouldn't the main force become a charity? In fact, behind the market is a psychological game, and mentality is the core of the core. Let's encourage each other.

[Welcome everyone to actively leave comments. If you like my analysis, you can also leave the cryptocurrency you want to analyze in the comment section.]

[If you also like Chan theory and want to learn and exchange Chan theory, you can search for "Chan Xinghui" on a search engine and join our community.]

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Selected Articles by 森哥本森

2 years ago
Is BTC currently rebounding or reversing?
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The daily chart of BTC is in an upward trend, pay attention to the strength of the rebound.
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