Morning Thoughts on 8.11


The Bitcoin 4-hour level remains strong, with the price running along the upper Bollinger Band, and the widening opening indicates an increase in upward momentum. The MACD golden cross and sustained bullish volume suggest a short-term bullish trend. The key support level is 117,500; if it holds, the bullish trend continues, targeting 122,000-123,500. However, if it falls below 116,800, caution is needed for a potential trend reversal. In terms of operation, it is still recommended to maintain a low buy position on pullbacks.
Big coin operation idea: pull back near 117500-118350, looking up around 121500.
Auntie's operational idea: Pull back to around 4100-4450, looking up at around 4335.
View Original
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
  • 3
  • Repost
  • Share
Comment
0/400
EveryFamilyIsHappyAnvip
· 08-11 00:14
Quick, enter a position! 🚗
View OriginalReply0
EveryFamilyIsHappyAnvip
· 08-11 00:14
Just go for it💪
View OriginalReply0
SilencerYzvip
· 08-11 00:03
https://www.gate.com/activities/community-vote/?refType=2&refUid=11563670
Reply0
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)