Midday Double-Bottom Trading Ideas



After the previous false breakout flag pattern, the price did not even touch the resistance at 2432. The trend was weak; afterward, it fell back into the flag pattern and even broke below the 2380 support.
Currently, it has tested the key support at 2333 and held. If it breaks below, it will revisit and retest 2289; only after breaking below 2289 will the downside be magnified further.

Trading suggestions:
◦ Break out with volume above 2357 and hold it, then you can chase longs on the right side; set the stop loss at a break below 2357.

◦ On a pullback to 2287 confirming that support is effective, take a small long position; set the stop loss at 2251.

◦ If the hourly level holds above 2357, the target is 2386 → 2412.

◦ Break down with volume below 2340, then you can chase shorts on the right side; make sure to set a proper stop loss.

◦ When the price reaches 2412, you can take a small short position; set the stop loss at 2441.

• 4-hour level: break below 2343; targets are 2295 → 2250
$BTC
#Gate13周年现场直击
BTC0,27%
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