8.13 Early Morning Silk Road
Looking back at the evening, after the CPI data was released, the persimmon market warmed up, returning to 120000 high standard, currently falling back to around 119500.
From the hourly chart, the Bollinger Bands are widening more and more, and have already surged outside the upper band. The bulls are gaining volume, and both the middle and upper bands of the Bollinger Bands are trending upwards, with MACD also increasing volume and turning bullish, forming a golden cross, all of which are indicators of bullish dominance.
The big coin is returning to around 119200-118600 bullish, looking towards around 120000-121000, with a breakout targeting 122000.
The second coin is returning to around 4410-4450 bullish, looking towards around 4490-4550, with a breakout targeting 4600.
