8.5 midday analysis



Looking back at midday, Bitcoin oscillated back to the level of 115300 from the morning, with the most resistance near 114100, and the short-term momentum shows a clear convergence.

From the hourly level boll, the current opening is in an expansion trend, with the slopes of the upper track, middle track, and lower track diverging, reflecting that the short-term market volatility is expanding.

Dian Wei has broken the middle track support 📉 and is currently operating in a weak area between the middle track and the lower track. This indicates that the short-term rhythm has been disrupted, and Dian Wei has entered a weak consolidation phase.
therefore
The pancake can be arranged near the range of 113800-113300.
The target can be around the range of 114800-115300.
The second pie can be arranged near the 3620-3580 range.
The target is near the 3700-3750 range.
#加密市场反弹# #加密项目计划#
BTC0.83%
ETH4.18%
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)