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August 11th daytime BTC strategy
Good morning, brothers. BTC started to show bullish momentum yesterday morning, no longer in the sluggish state of last week. The lowest price yesterday was 11.63, and it reached a high of 11.9, with an increase of nearly 3000 points. It closed with a bullish candlestick structure on the daily chart, and the current price continues to trend upward around 11.92.
From the four-hour perspective, the price is currently in a bullish uptrend, with moving averages in a bullish arrangement supporting the price rise. The MACD fast and slow lines are running above the zero axis, with bullish momentum bars expanding, indicating that there is still room for the price to rise further.
From the short-term hourly chart, BTC is also in an upward trend, but there is resistance at 12W above. It is a bit difficult to stay above 12W in the short term. If it stabilizes above 12W during the day, BTC is expected to rise further; if it does not break through, it may fluctuate within the previously mentioned range.
Operating Strategy:
The current price of BTC is 11.92, you can take a short long position, looking up at 11.99.
Pay attention to the price of 120,000. If it breaks through, you can go long after it stabilizes, targeting 123,000; if it does not effectively break through, short near 120,000, targeting 117.5#特朗普允许401(k)投资加密货币#.