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#大选将如何影响BTC走势？
Date: November 6, 2024
The election results will be determined, and there is a reversal in the trend. Pay attention to the short-term "sell the news" risk.
daily candlestick level: yesterday's daily candlestick closed above the key battleground for long and short positions (institutional Arbitrage model reference price Closing Price, near 68393) and the EMA15 moving average, the trend of shorts has been reversed. Subsequently, pay attention to the resistance level above (the large 1 position of the '1+3' model of the downward trend, near 72344).
4-hour time frame: A morning star and an inverse head and shoulders pattern appeared on the 4-hour time frame, and after staying above the EMA15 moving average, a very large bullish line with aggressive attack broke through upwards.
Lite version
Currency: BTC
Date: November 6, 2024
Technical Analysis:
Indicator: Institutional Arbitrage model reference price + downturn '1+3' model + EMA15
Conclusion: The trend has reversed, pay attention to the short-term "sell the news" risk.
resistance level: near 72344
support level: near 68393
#BTC