paul-lighthouse

XBTwill rises in long term, but short term may callback.

Long
BITMEX:XBTUSD.P   Bitcoin
XTBUSD
In 1d line, we see that the BTC has returned to orbit, and MACD also has a tendency to turn heads up and form a golden fork.
However, at this time, we need to be vigilant and control the holdings before forming the golden fork.
In the 1 hour chart, as we wish, BTC calls back and return to the orbit. MACD starts to go down, and the pressure of the MA12 is following the close. We need to wait for the formation of the golden fork and then operate it for 0 axis.
In the 4 hours chart, BTC is in deviant position, and MACD has broken through the 0 axis. we should be alert to the BTC callback.
Opinion:
XBTUSD will rises in long term, but short term may face callback risk.
Robust investors can buy it when macd form golden fork in 1d line;
Aggressive investors can buy it by a lower prices when it callback.

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