Evening Thoughts on July 17
Looking back at the long positions suggested in the morning, it was also very perfect, and the aunt also had a space of one hundred and seventy points!
From the hourly Bollinger Bands, we can see that it is currently in a horizontal and flat state, which means that the price is likely to oscillate within this range in the short term, with relatively small fluctuations.
Now looking at the MACD indicator, the two lines are showing a converging state above the zero axis, and the distance between the two lines is gradually narrowing, with the energy bars also decreasing in volume. This indicates that the current bullish strength has temporarily entered a consolidation phase, and the momentum for short-term increases has slowed down, but the overall bullish trend framework has not been broken.
Bitcoin trading strategy: Retracement near 117150-117900, target 121500
Aunt trading strategy: Retracement near 3385-3410, target near 3520
Looking back at the long positions suggested in the morning, it was also very perfect, and the aunt also had a space of one hundred and seventy points!
From the hourly Bollinger Bands, we can see that it is currently in a horizontal and flat state, which means that the price is likely to oscillate within this range in the short term, with relatively small fluctuations.
Now looking at the MACD indicator, the two lines are showing a converging state above the zero axis, and the distance between the two lines is gradually narrowing, with the energy bars also decreasing in volume. This indicates that the current bullish strength has temporarily entered a consolidation phase, and the momentum for short-term increases has slowed down, but the overall bullish trend framework has not been broken.
Bitcoin trading strategy: Retracement near 117150-117900, target 121500
Aunt trading strategy: Retracement near 3385-3410, target near 3520
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BTC
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ETH
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