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Ms.Liz 🇬🇧 2 minutes reading from Bitcoin

Trend Channel Update: The Price Continues to Fall

After breaking through the upper track, Bitcoin tested 21,000 points, and fell slightly to run around 20,600. Trend channel keeps moving up BTC

After the price fluctuates sideways, if the price moves up again, the top will passivate. After the top structure is formed in a small period, the price will have a slight correction, and the impact time will be short BTC

According to the 2.0 trading system standard, the position is currently full, and the price is gradually moving away from the trend. The farther the price moves up from the trend, the safer our position will be for this operation BTC

After the price breaks out of the trend, the next action is simple, and the trend takes over. The best expectation is that the price can hold above the upper band, giving the channel time to move up BTC

In the future, when the price falls below the lower rail again and exits the game, it can also maintain slight wear or even zero wear. But no one can guarantee how the market will go in the future. Whatever comes, it follows according to the trading standards BTC

Subjective judgment is still in the box shock range, and it is difficult to end the shock market in the short term. It is not expected to go far, and the opening is not too high, but the standard of the trading system must be respected in operation BTC

However, prediction and operation are different. Whether it is 2.0 or 3.0, strictly abide by the trading rules can help us eliminate the interference of emotions on transactions, and will not be affected by emotional fluctuations caused by the rise and fall of the K line BTC

This post is based on this twitter thread.

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