ASAP_BustinG

Bitcoin pays attention to the direction after the double dip

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BITMEX:XBTUSD.P   Bitcoin
It can be seen that the price is continuously suppressed by the downward trend line. After hitting the lower demand area last week, a Pinbar formed and a weak rebound was formed. At present, the upward divergence is still relatively obvious, and it may walk out of the W pattern of double bottoming in the short term. If it is expected to go, we can try to buy more orders after forming effective support at position 2, and pay attention to the effectiveness of support again at position 3 after the downtrend line breaks through, and increase positions after stabilization. The upper supply area is around 51000. But if the second dip is broken, then we have to pay attention to the support at the lower 29000 position.
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