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On April 19, the buy the dips opportunity of Spot is 60,000-58,000, which can also be selectively entered in this range altcoin Spot fren can choose to lie flat directly until the end of the bull sells, only need to wait for the main rise after the Halving, and the contract can be flexibly grasped
Generally, after a large fall Long Wick Candle, the market long needs to restore confidence, and it will carry out a long-term low-level shock Accumulation, so it is difficult to directly form a bottom without explosive volume in the short term
The current position is in the second bottoming stage of the initial supply in the Bull Market, this area needs to see shrinking Trading Volume, or the bottom of the continuous rise after a small shock to get out of the bottom, otherwise it will be in a wide range of continuous sweeping, the most important focus of the contract is at 59000, this false falling retraction is the best signal
If there is a continuous shrinking trading volume, and a downward long wick candle comes, falling below 59000 to quickly recover, it is the perfect false fall, shrinking trading volume, plus is a downward long wick candle, is the ultimate shock position before the start of the downward trend, the time period is best extended to the next month is the best
The small level is still moving down the highs and lows, after breaking through the downward trend line yesterday, today's opening directly fall back, did not stand on the previous swing trading high of 64000, the overall market framework has not changed, ready to continue to probe the bottom, until the small level no longer hit a new low, while standing firm on the downward trend line
To sum up, the Spot buy the dips opportunity 60000-58000 can continue to choose to enter the market in batches, altcoin the same way, the recent long conversion is very fast, in the low sweeping period, you need to be flexible, try to long see less movement, until the bottom of the confirmation letter appears, and then choose the right side to enter, signal one, 59000 false fall break back, signal two, completely stand at 64400