The technical outlook for the pancake is significantly bullish: the 4-hour chart shows an expansion of the Bollinger Bands and a breakout above the upper band, with a symmetrical triangle, while the 1-hour chart is steadily moving up along the middle band, and the channel is solid; the daily chart has broken out of the descending channel since May after consolidating, and a new bullish support line, if effective, will strengthen support.
The short-term upward trend is clear, and the trading suggestion is to enter long positions at 117300 and 116800, with a target of 123000. #BTC☀️ #比特币