【BTC Analysis】 The bulls successfully defended USD 40,000, and the heavy volume broke through the upper rail of the channel 42550U in 1 hour.

01-12 10:1563284

Tag: LongBTCUSD

【BTC分析】多头成功防守4万美金,1小时放量突破通道上轨42550U回撤交易机会来临

At 0:00 this morning, Bitcoin’s heavy volume broke through the 1-hour-level channel upper rail position of 42550U, and then began to oscillate. Fortunately, in the next several hours, the market closed above the channel upper rail position. We can judge that as Effective breakthrough; according to the channel theory, the next target is the Shang Silicon Valley position of the next extension channel as the target. As of 9:00 tomorrow, it is expected to rush to 45000U. The increase point can be placed near 42500U and the stop loss point is placed at 42300U. Can.

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