BTC (July 27) strategy:


Short term (1-3 days):
Focus on the 4160 points in the 116796~~120956 range,
If the closing price on the 27th is above 117644, then follow the trend (3000+)
On the 27th, closing below 117644, watch if the bearish trend can support a rebound at 116796; if it breaks down, look for support near 114887.

-------------------------------------------------
Weekly Summary:
Volume:
On July 21, the open interest was 8.7 billion, an increase of 200 million compared to last week's 8.5 billion, with the trading volume showing a mild upward trend.

Weekly Resistance: 123264
Weekly Support: 110123

Last week reached an all-time high, peaking at: closed at 117252 points, with a decline of 6012 points from the previous close, and a volatility of 7560 points.
This week dipped to 114723, rebounded to 120241, with an amplitude of 5518 points.

If the high point of 120241 is not broken during the trading next week, a pullback is expected to around 115000.
BTC-0.28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)