Sofiyar_Nolan
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Monday Bitcoin Aunt Afternoon Market Analysis and Trading Suggestions
Currently, the cryptocurrency is fluctuating around the 109,400 level for correction, and the market is accumulating momentum. From the four-hour candlestick chart, a long shadow appears, and after two consecutive days of bullish candlesticks on the daily chart, a slight pullback occurs. The overall trend maintains an upward channel, with short-term pressure forming around 109,700. The Bollinger Bands are narrowing, indicating that volatility will tend to stabilize. The MACD fast line crosses above the slow line to form a golden cross. Considering the technical patterns across various time frames, Bitcoin may maintain a fluctuating pattern in the short term.
Trading Suggestions:
Bitcoin 108,600-109,000 range for buying, target at 109,800
Aunt 2,550-2,570 range for buying, target at 2,620
$BTC
Currently, the cryptocurrency is fluctuating around the 109,400 level for correction, and the market is accumulating momentum. From the four-hour candlestick chart, a long shadow appears, and after two consecutive days of bullish candlesticks on the daily chart, a slight pullback occurs. The overall trend maintains an upward channel, with short-term pressure forming around 109,700. The Bollinger Bands are narrowing, indicating that volatility will tend to stabilize. The MACD fast line crosses above the slow line to form a golden cross. Considering the technical patterns across various time frames, Bitcoin may maintain a fluctuating pattern in the short term.
Trading Suggestions:
Bitcoin 108,600-109,000 range for buying, target at 109,800
Aunt 2,550-2,570 range for buying, target at 2,620
$BTC
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