11.1 Midday BTC trading strategy



From the four-hour technical analysis, the current price is running near the middle band of the Bollinger Bands at about 110003.4. There is still clear upward space at the upper band of the Bollinger Bands. If it can successfully break through the middle band resistance, it is expected to launch an attack towards the upper band.

On the indicator level, the MACD green bars are continuously shortening, and the DIF and DEA indicators are showing signs of turning upwards, indicating an imminent golden cross. This suggests that bullish momentum is gradually accumulating and strengthening. Although the KDJ indicator's J value is approaching the overbought zone, the K line and D line are still maintaining an upward channel trend, with no signs of a reversal turning downwards. The short-term bullish trend remains solid.

Action: Layout in the range of 109600 to 109900 for trading strategy.
Target: Looking up at 111100-112100#比特币行情分析
ETH-1,66%
BTC-1,58%
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