What is the target of bitcoin adjustment?

I did an analysis in July and concluded that the chart had a double-headed shape at that time, and I predicted that the adjustment target would be around $6,380. At present, this possibility is increasing.

If we look at the graph, it's forming a box, between $7,688 and $8,821.

If you do not break the box, should maintain a shock trend, if the lower below $7688, will form a break trend. In that case, a waterfall market is likely to occur, and the target of the adjustment is the channel track, which is between $6,500 and $6,300.

Of course, this is only based on the technology of the left side of the forecast, whether we can achieve, we will see the reality of the situation. Trading is based not on predictions on the left, but on signals on the right.

strategy

Now spot plus hedging is the best strategy to keep your money out of danger. As for whether the formation of short contract trading signals, need to continue to watch. Theory below 7688 dollars, the probability of sending a signal is very big, but also want to see the specific trend at that time, do not exclude the situation of cheat line.

Such a large level of signal transmission, the theory is not too simple. Because everyone is looking at this position, there's basically a consensus. But remember, futures trading, everybody makes a profit, that's not the rule of the contract.