BTC 4-hour cycle synchronously shows a bullish engulfing pattern, stabilizing and rebounding from the lower Bollinger Band, with the lower band changing from a downward slope to flat, significantly enhancing the effectiveness of support. The daily MACD green bars continue to narrow, and the DIF and DEA are about to cross upwards, indicating that bearish momentum is nearing exhaustion; the 4-hour MACD has completed a golden cross and the red bars are expanding.
Day Trading Strategy BTC pulled back to the 86000-86500 range, target 87500, looking up at 89000. ETH retraced to the range of 2880-2900, target 2950, looking up at 3020
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.
Wednesday daytime BTC ETH strategy
BTC 4-hour cycle synchronously shows a bullish engulfing pattern, stabilizing and rebounding from the lower Bollinger Band, with the lower band changing from a downward slope to flat, significantly enhancing the effectiveness of support.
The daily MACD green bars continue to narrow, and the DIF and DEA are about to cross upwards, indicating that bearish momentum is nearing exhaustion; the 4-hour MACD has completed a golden cross and the red bars are expanding.
Day Trading Strategy
BTC pulled back to the 86000-86500 range, target 87500, looking up at 89000.
ETH retraced to the range of 2880-2900, target 2950, looking up at 3020