Currently, after the descending flag breakdown, it's attempting to return to the range. A breakout of the 2167-2179 minor highs is needed to target 2202. If unable to break through, it will likely oscillate within the flag. 2105 is a key support level. If not broken, it will maintain 2105-2147 oscillation. If broken, it will probe down to 2051.
Trading Suggestions: • Volume breakout of 2157: Can follow the trend with long positions. If broken, stop loss and exit.
• Volume breakdown of 2141: Can follow the trend with short positions. Set stop loss strictly.
• Return to 2105 support and stabilize: Can establish long positions. Stop loss at 2068 break.
• 2232 above: Can establish short positions. Stop loss at 2266 break.
• Left side pending orders: 2035 long position, stop loss at 2005 break.
Bitcoin Public Analysis
Currently, after the descending flag breakdown, it's attempting to return to the range. A breakout of the 2167-2179 minor highs is needed to target 2202.
If unable to break through, it will likely oscillate within the flag.
2105 is a key support level. If not broken, it will maintain 2105-2147 oscillation. If broken, it will probe down to 2051.
Trading Suggestions:
• Volume breakout of 2157: Can follow the trend with long positions. If broken, stop loss and exit.
• Volume breakdown of 2141: Can follow the trend with short positions. Set stop loss strictly.
• Return to 2105 support and stabilize: Can establish long positions. Stop loss at 2068 break.
• 2232 above: Can establish short positions. Stop loss at 2266 break.
• Left side pending orders: 2035 long position, stop loss at 2005 break.
Range and Targets
• Upper resistance: 2157-2191-2232
• Lower support: 2142-2115-2087
• Hold above 2157: Upside target 2191-2232
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