The 4-hour chart of Bitcoin has broken below the lower band of the Bollinger Bands with two consecutive bearish candles, but the long lower shadow highlights strong support below, and the downward momentum has significantly weakened; although the short-term moving averages are in a weak arrangement, the middle band of the Bollinger Bands continues to rise, and the core structure of the upward oscillation has not been broken.
The 1-hour level indicator has entered the oversold zone and is accompanied by a divergence signal, with short-term downward space narrowing, and the market is mainly characterized by震荡回调.
Daytime Trading Suggestions
The pancake is oscillating in the 1118-1122 range, targeting 1132, looking up to 1150#今日你看涨还是看跌? .
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Wednesday Daytime BTC Analysis:
The 4-hour chart of Bitcoin has broken below the lower band of the Bollinger Bands with two consecutive bearish candles, but the long lower shadow highlights strong support below, and the downward momentum has significantly weakened; although the short-term moving averages are in a weak arrangement, the middle band of the Bollinger Bands continues to rise, and the core structure of the upward oscillation has not been broken.
The 1-hour level indicator has entered the oversold zone and is accompanied by a divergence signal, with short-term downward space narrowing, and the market is mainly characterized by震荡回调.
Daytime Trading Suggestions
The pancake is oscillating in the 1118-1122 range, targeting 1132, looking up to 1150#今日你看涨还是看跌? .