Tuesday Night Bitcoin and Altcoin Strategy



Bitcoin has been declining for several consecutive days, with the bears dominating the short-term trend. Yesterday's price experienced a deep dip and quickly recovered, forming a long lower shadow bullish candlestick on the daily chart. This pattern directly confirms strong buying support at the key support level below, indicating that the selling pressure has been fully released and the unilateral downtrend has been broken. On the indicator level, the RSI has turned upward from the oversold zone.

The four-hour cycle shows bullish resonance signals, with the MACD bullish momentum histogram continuously expanding, and the fast and slow lines crossing and diverging upward.

Trading Strategy
Bitcoin is range-bound between 78,000-78,500, with a target of 79,500 and an upside target of 81,500.
Altcoin is range-bound between 2,280-2,310, with a target of 2,350 and an upside target of 2,450.
BTC-0,86%
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