Monday morning Jingyi trading strategy analysis



A new week, new opportunities, a new beginning.

From the 1-hour level, the Bitcoin Bollinger Bands show a positive signal, with the price having breached the upper band, indicating strong short-term bullish momentum. The middle band is rising, providing effective support; the lower band has sufficient space with the current price, and the support below is stable.

The K-line has consecutive upward bars and has broken through the previous high point. Although the trading volume has not significantly increased, the bullish trend is evident, and there is still a possibility of a short-term breakout. A stop-loss should be set to prevent pullbacks. It is recommended to operate with low long positions.

trading strategy
BTC buy in the range of 118500-118000, target 120000

For reference only, subject to the actual trading.

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BTC0.99%
USD10.01%
TRUMP-4.17%
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