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#BTC 4.14 Tuesday Night Bitcoin (Big Pie) Thoughts and Analysis
74141 won’t break; the market will most likely continue with box-range consolidation. After consolidation is sufficient and short-side chips are accumulated, there is still a possibility of a move up again to 75501 to lure longs. Once the shorts turn into longs, it will then drop again. If 75501 can be broken through, it will also usher in another wave of continued gains.
4.14 Tuesday Night Big Pie Trading Ideas:
Break out on high volume above 74711 and hold—aggressive traders can go long from the right side; target 75537-76546
Break down on high volume below 74130 and the rebound fails to regain resistance—right-side traders can chase shorts
On the 4-hour level, if 74125 breaks downward, look for 73125-72035
Strictly set and follow stop-losses; if it doesn’t hold above 74711, upside room will not be opened yet.