August 23 noon: bitcoin holds the EMA50 moving average support on the hourly level, so the 2-hour level will not trigger a bearish divergence.
Yesterday, we provided a short position of 61,000 and took profit again. In the live room, we also provided an order, which was later changed to a position above 60,000. Short-term profit taking again: Overall, this week has been very good. I hope everyone doesn't miss every live broadcast. What Bitcoin needs to pay attention to is the support of the 1-hour EMA50 in the later stage. If it can stabilize, there may be a rebound. As for the potential divergence of the 2-hour EMA50, it needs to fall below the 1-hour EMA50 to activate. The market has run to the level of the daily EMA50 and the 2-day EMA50. If there is a divergence in internal levels such as the 1-hour to 2-hour mentioned above, it will be our last opportunity to short Bitcoin by relying on the pressure logic of the daily EMA50 and the 2-day EMA50. If there is no divergence between the 1-hour and 2-hour internal levels, and a break above the 2-day EMA50, then the overall weekly level MACD may start to rebound from the zero axis! It is a very clear and easy-to-understand market, and the marginal point is not very large. The 2-hour divergence will not be activated if the 1-hour does not fall below, and vice versa.
If it retraces first: then create a long position at 60,050.
Risk control: 480 points.
If there is a rebound to 61,300: enter a short position.
In case the 2-day EMA50 is touched again, this short position can be added.
Risk control band is set at 640 points behind the average price.
Target: 60,300.
If there are recent operations that are not ideal and you want to follow, pay attention. Pay attention to Lao Wang's trading strategies. Although Lao Wang is not the most powerful in the cryptocurrency world, he can be considered relatively stable. Trading spot contracts together is the most correct trading strategy. Lao Wang only has real trading records, no simulations, no fake screenshots, live broadcasts, videos, and other public analyses. He will also open positions with friends in the cryptocurrency community. Later, I will provide short-term trading ideas to everyone.