8.13 Wednesday Afternoon Trading Strategy
On the daily chart, the previous downward gap has been filled, and the MACD has formed a golden cross with increased volume, indicating a short-term upward momentum; however, compared to other cryptocurrencies, its momentum and trading heat are slightly weaker, and there hasn't been a further breakthrough yet.
On the hourly chart, the price is quite stable, the Bollinger Bands are narrowing, and the smaller moving averages are converging.
In terms of trading, look to buy around 118500-119000, with a target of 120200-121500. If it can break through strongly, we can aim for even higher [doge][doge]
For the range of 4550-4580, target 4700, 4830.
