BTC USD

10 ก.พ. 2020

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This is a short-term technical adjustment to relieve overheating.

If a converging structure is formed after being supported by the bottom of the downside channel,
Watching the movement of the Route-1 flow chart, the faster the breakthrough
Route-2 appears to be shorter and steeper.

* The flow chart of Route-1 must be made after the convergence breakthrough after the convergence structure is established.

If you can't raise the low and get off of about 9730, the last low,
There will be a move to see the bottom of the additional downside channel.

The expected primary support line would be around 9670 ~ 9650 and the secondary support line would be around 9570 ~ 9530.

I think it's a short break in creating big trends and waves
I'm a trend-following trader, so I'm going to consider the short view from 9450 onwards.

I will update the comments while watching the market.