BTC has reasons to continue to be bullish in the short term

01-15 16:4094280


After breaking out of the red downtrend line, a retracement was carried out, and a strong volume was pulled up at an important retracement position (four-hour bullish engulfing), and the retracement position was just at the 0.618 retracement of this period of rise. The ideal position should be to go long between the 0.5-0.618 position (trading on the left, should control the position), and then if it breaks through the long-term downtrend line, it can continue to bullish to the previous horizontal pressure support swap position.


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