There is only one direction for investment, not long, not short, only the right direction. I am the Coin Brother of the West, a friend willing to accompany you to rise again. The long road to recovery, Coin Brother is with you.
Market Review:
Coin Brother suggested entering long positions for BTC at the 62300 level on the 20th. In the early morning, the price touched the 62000 level and successfully activated the target point. As of 18:00 on the 21st, the BTC price remained above 66500, with an overall profit space of over 4000 points. Congratulations to the followers! Similarly, ETH triggered long positions at 3190 in the evening, with a profit space of over 350 points at the moment. Congratulations to the followers again!
BTC: Market Analysis
On the daily chart, the BTC price remains stable around 67000, with a reversal of the bullish and bearish energy columns forming a bullish engulfing pattern. If the price does not fall below the 65000 support before the close at 8 a.m. tomorrow, the overall trend will still favor the bulls. Therefore, on the daily level, attention is focused on the support near 65000. On the four-hour chart, the price has been stable at the high level for a long time, and the support at 65500 has not been tested. The KDJ indicator on the chart shows a slow and steady operation at the high level, and the J value shows a clear turning point and downward trend. If the price is supported after a subsequent decline, the J value can support the continued upward movement of the KD value, so the price on the four-hour chart will further rise. Therefore, the overall suggestion is to wait for a pullback support for BTC.
BTC Operation Suggestion
Long at 65000-65500
The suggestion is for reference only. Please make your own decisions.
Strength is not just talk, nor is it boasting about profits. Strength is a meticulous plan executed rigorously. Go out with a goal, come back with results. There are no unprofitable market conditions, only trades that cannot be held. When others are making profits and you are in a loss, you might as well chat with the Coin Brother of the West. The bond starts with reading, recognition starts with adding, trust starts with experience, and profits start with following. As long as you are willing, I will not disappoint!
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