Currently, BTC (Bitcoin) is showing a short-term downward trend on the 4-hour chart, with the price highs gradually retreating, but the lows also rising, forming a converging triangle pattern. This indicates reduced market volatility, and the price may fluctuate within a certain range. The MACD histogram on the daily chart is gradually decreasing in volume, with the fast and slow lines approaching the zero axis, indicating insufficient market momentum. Although the DIF and DEA on the 4-hour chart are still trending downwards, the green histogram momentum is weakening, showing signs of divergence, suggesting that there may be opportunities for a reversal or short-term rebound. Therefore, afternoon trading suggestions can continue along the previous lines.


Operation suggestions:
1.BTC: Go long in the range of 118200-118700, with a target between 119800-120800, and set the stop loss around 118000.
2. Two coins: Go long in the 4230-4280 range, with a target range between 4400-4450, and set the stop-loss at 4200.
This strategy continues to patiently wait for a breakout of the price range and flexibly adjusts stop-losses and targets to cope with potential short-term fluctuations in the market. #BTC重返12万 # #ETH突破4300#
BTC-0.16%
ETH4.52%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)