Evening Thought Analysis on 7.16
In the four-hour level analysis, MACD bearish volume continues to shrink, and KDJ has turned upwards above the 0 axis forming a golden cross. Pay attention to whether the four-hour chart can stand above the middle track of the Bollinger Bands; in the evening, still look for a pullback to go long. Set a good stop-loss and do not resist the market.
Evening Trading Thoughts
Buy around 118300-117800 for Bitcoin, looking up to around 12. If it breaks, further look to 121500.
For Ethereum, buy around 3100-3080. Look up to around 3180. If it breaks, further target 3280.