October 8 Daily Silk Road
The secondary market is soaring, following the rising tide. The daily K-line is being suppressed by the middle track above, and the MACD is continuously shrinking with almost no volume left. KDJ and RSI are both turning upwards.
On the four-hour level, a large bullish candlestick takes off supported by the middle track, having once broken through the upper track's resistance, currently returning just below the upper track. A strong bullish trend, not afraid of heights, not guessing the top, with the intraday strategy focusing on buying the dips.
Trading Suggestions:
Bitcoin returns to the range of 116500-117500, aiming for around 119000-19500, breaking through to target 120000.
Ethereum returns to the range of 4150-4100, aiming for around 4250-4350, breaking through to target 4450.