[Daily Discussion] - Sunday, January 09, 2022 Bitcoin Markets

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[Daily Discussion] - Sunday, January 09, 2022 Posted: 08 Jan 2022 09:00 PM PST Thread topics include, but are not limited to: General discussion related to the day's events Technical analysis, trading ideas & strategies Quick questions that do not warrant a separate post Thread guidelines: Be excellent to each other. Do not make posts outside of the daily thread for the topics mentioned above. Other ways to interact: Get an invite to live chat on our Slack group submitted by /u/AutoModerator [link] [comments]

BTC analysis Posted: 08 Jan 2022 11:57 PM PST The double bottom structure, present potential neck line is about 42200, about 43500 top pressure, at present is still a long position more, from day for level cross, but short bull quantity can still is not big, but can see short decrease gradually from 4 hours, observed behind the secondary test 40000, another pie shanzhai kill last night, Good afternoon, that pie will rise, not immediately on the bear, copycat short time is difficult to get up, in addition to individual hard, but most of them are suppressed, but also the opportunity to pick up cheap goods, so conservative can wait for the second test to enter the copycat. The overall trend is still short, partial shock is given priority to, just wait patiently. Resistance level [43500, 44500, 45500] Support level [41160, 40600, 39600] ​ Ethereum has no bottom structure for the time being, so it is not considered for the time being. Wait for the second test to see if it can stand at 3000. Resistance level [3250, 3300, 3463] Support level [3070, 2930, 2800] ​ Market fast changing, the profit timely move the stop loss to price, open point can only be used once, be stop don't open the same point, suggest not open more than 10 times, stop 3%, stop 2 times, gradually gradually reduce that builds a warehouse, others greed, I fear, others fear I greed, novice do futures contract and is not recommended. ​ January 9, 2022 The above analysis is for reference only and does not constitute investment advice. submitted by /u/hermitfighter [link] [comments]

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