Ai Yu 7.18 Morning Btc Silk Road:
The moving averages are diverging upwards on the hourly chart, if they can hold, it will continue 📈. The Bollinger Bands are widening, and the price is moving within an ascending channel between the upper and middle bands.
The KDJ has formed a golden cross, and the momentum to surge upwards is still present; the MACD on the 4-hour and daily charts is diverging above the zero line, and the strength of the upward movement is increasing.
However, watch out for around 119300-119800, look at 122000, then consider 112500
