Thursday, Analysis of Bitcoin and Ethereum Morning Thoughts
Yesterday, Old Wang was bullish in the short term, successfully turning the tide with this wave of trends. Recognizing the right moment and acting quickly and decisively in this market is the key to success. Yesterday, the price moved from over 87200 to 88200, bringing in a profit of 1000 points.
Looking back at the market, in the 4-hour chart, there was a high followed by a pullback, operating within the lower and middle bands of the Bollinger Bands. Bullish momentum is waning, and there is a sign of weakness in the bulls. The upper resistance is present, and we are in a volatile market. It is recommended to adopt a high-short strategy and to keep an eye on market movements, staying flexible and adaptable!
Thursday Morning Suggestions
Bitcoin: Short around 87500-87900, targeting around 86000
Ethereum can follow accordingly
That's all for now. More and more friends are finding Old Wang; thank you all for your recognition! #币安投票上币 #币安投票上币 #MtGox钱包动态 #币安Alpha上新 #Dogecoin基金会启动DOGE储备
