Only with a calm mind can one achieve great success in investment. Making money is the only goal, everything else is just empty talk. Making money is the key. Hello everyone, I am AICoin Jinrui!
[1-hour chart]
On the 1-hour chart, Bitcoin is currently being suppressed by the 1-hour 25EMA (1h25EMA) moving average, and the price is slowly rising after experiencing a decline. In the short term, selling pressure is still significant, so Jinrui suggests that in today's trading, it is mainly advisable to short on rallies.
Currently, the 1-hour 25EMA has been the focus of attention for everyone, so this can also be a shorting point on rallies. If the price breaks through the 1-hour level of 25EMA, then another potential shorting point near $59,200 should also be noted.
If Bitcoin falls below $56,500, it may further decline to the range of $54,700 to $52,000.
Today's trading target suggestions:
① Short at the rebound to 1-hour 25EMA ($58,017), profit target: $56,900 to $56,600.
② Short at $59,200, profit target: 1h25EMA ($58,017) to $56,600.
③ Short on the trend when the price falls below $56,500, profit target: $54,700 to $52,000.
If you want to get real-time information later, please like and share to let me know 🙌🏻. If this is helpful to you, I hope you can like it ❤️ and follow, looking forward to your support.
I have years of in-depth research on spot contracts, BTC, ETH, and many other altcoins. If you are not doing well in trading, experiencing long-term losses, or getting stuck in trades, you can follow my public account (AICoin Jinrui). Investment involves risks, so be cautious when entering the market. The market fluctuates every day, and all I can do is to use my years of practical experience to help you make the right investment decisions and manage your operations in the right direction.
The end of the article and other advertisements in the comments are not related to me personally!! Please be cautious in distinguishing between true and false information. Thank you for reading.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
