BTC Evening Strategy for 8/6:
The daily chart for Bitcoin shows that the recent price has been gradually narrowing after significant fluctuations, forming a consolidation pattern. Yesterday, a long lower shadow appeared, indicating strong buying support at lower levels. On the 4-hour chart, the candlesticks are alternating between small bearish and bullish candles, reflecting a temporary balance of forces between buyers and sellers in the market. In the MACD 4-hour cycle, both DIF and DEA remain below the zero line, but the green bars are shortening, indicating a weakening of bearish momentum.
Trading Suggestions: Buy between 113200-113700, target 115000-116000, stop loss at 113000
ETH: Buy between 3600-3620, target 3740-3840, stop loss at 3570
(For reference only, based on the actual market!)
