Midday Analysis


On the 4-hour timeframe, it is clearly visible that the bottom is gradually rising, and the rebound pattern from the bottom is currently playing out very perfectly. It is important to pay attention to the timing and the interference caused by other assets.
These past two days have seen oscillations and adjustments; today, we will refer to the time cycle.
The Bitcoin range is expected to contract between the high points of 88,800-89,500, with support around 85,800-86,500, fluctuating back and forth.
Operations
Bitcoin: When reaching the 88,500-89,000 zone, consider shorting, with a target of 86,600-86,000.
Altcoin: When reaching the 3,090-3,050 zone, consider shorting, with a target of 3,000-2,950.
BTC2.09%
View Original
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
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)