Saturday, 2.28, Midday Bitcoin Silk Road
On the hourly chart, the price is declining as expected, stabilizing around 65,000. However, there is clear selling pressure at 66,000. Technical indicators show MACD converging, Bollinger Bands narrowing, and KDJ in oversold territory with a dead cross. The weekend market is not expected to be very active, so short-term trading is possible.
Personal advice, for reference only (strictly set stop-loss)
Bitcoin can be traded around 66,000-67,000, with targets of 64,000-63,000.
View Original