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Deer Star 8.18 Early Morning Analysis and Trading Suggestions
From the daily K-line structure of Bitcoin, the increase in the head and shoulders pattern touches the support near the middle track, showing a bullish trend. The upper resistance to watch is around 119300, while the lower support is around 116300. On the four-hour level, the head and shoulders pattern is transitioning into a bullish trend, gradually forming a breakout above the middle track. On the hourly level, the bullish trend is gradually shrinking in volume.
We focus on long positions with low leverage, supplemented by short positions.
Operation Suggestions:
Bitcoin is hovering around 116500-117500, with a target looking towards around 118700-119700;
The concubine is oscillating around 4500-4450, aiming for the area around 4650-4700.
(Personal opinions are for reference only, everything is subject to the actual market!) #BTC再创新高#