The price has successfully broken through and stayed above the short-term moving averages such as MA5, MA20, and MA60. The moving averages are in a golden cross formation, indicating a shift in market trend from bearish to bullish, with bulls in control. The short-term moving averages will provide support for the price, aiding in its rise,
sufficiently proving that the bulls are gathering strength. See you at the summit,
Buy on a pullback near the 178 line, target 200, breakout looks at 220.
From a technical indicator perspective, the MACD shows strong bullish strength, and the RSI is at a relatively high level, indicating strong buying power in the market, with the bulls in control.
These technical indicators all release bullish signals, suggesting that the BNB price may continue to rise.
If it retraces to around the 825 line, go long with a target of 860, and look for a breakout towards 890.
From the daily technical indicators, both the KDJ and MACD technical indicators are in an upward oscillation phase, the BOLL technical indicators continue to open upwards, the middle track continues to rise, and the three-day MA moving averages are arranged in a bullish pattern. The price is steadily stabilizing above the five-day moving average,
which fully proves that there is a certain scope for bulls, and it is wise to enter long positions on pullbacks,
Pulling back to around 4140 and 4100 for long positions, targeting 4400 for a breakout looking at 4800.
From a short-term perspective, Bitcoin shows a rhythm of making a high point followed by a pullback, indicating that the bulls are still in a relatively strong trend.
After periodic adjustments at the daily level, the upward pattern is gradually being confirmed, with bulls increasing their volume, and the consolidation phase is relatively short, showing a slow upward trend.
These are enough to prove the signs of rebound accumulation. Do not short, otherwise, you will only face defeat.
After a pullback to around 113200, 112700, buy with a target of 116000, and continue to look towards the major 120000 level.
Evening layout short position on August 18, short at 116900, drop to 112500 line, harvest 4500 points, steep slope! Strategy drawn as a sickle, directly harvest #比特币走势分析 in the trend.
It's that time of the week again for a review. The market's performance over the past week has been like a roller coaster, thrilling enough to make your heart race,
but fortunately, I managed to seize the opportunity this time and gained a lot,
I also hope to communicate more with all the brothers and together reap more wealth on this grand stage!