Hi!
This is Yong.
Bit coin short-term briefing progresses.
It is an extension of the "moving average selling method".
First is candle event pattern analysis.
I showed a double top pattern with a high score.
Expectations for future movements are expected to be very similar to the stock price at the bottom left,
It is reasonable to set the buyout point in the short-term viewpoint as a line of support for the box.
Based on 4 hour frame
If the next candle's cigar formation is located at the bottom of the mid-term moving average line, the short-moving average and mid-moving average lines will become "dead cross".
Expected Flowchart 1.
after
$ 10,630 Breaking resistance (when rebounding successfully)
Moving averages will become a golden cross again, and dead -> golden cross conversion will happen quickly, so you can expect a big stock price increase.
therefore
Short-term buying from $ 10,600
You can strategically organize the sale with $ 10,500 as the final support line.
The above flow expects the same move as the stock price on the bottom left of the main chart.
Current share price is based on 1 hour frame
Support & Resistance Supporting the indicator / resistance line,
Support Your Trading Indicators are also forming up / down marks at appropriate locations.