8.6 Evening Thought Analysis $BTC $ETH


On the hourly level of BTC, focus on the support level of 114200. If the price can stabilize at this position, the strength of the bulls will appear stronger, with targets looking towards the areas of 115300 and 116000. On the other hand, at the 4-hour level, if the price closes around 113300 and breaks below this support level, it indicates that the bulls are losing momentum, and a further pullback may continue, with lower targets focusing on the positions of 112700 and 112000. At the hourly level of ETH, pay attention to the support level of 3645. If it can hold this position, the bullish forces will be stronger, with targets looking towards the areas of 3690 and 3735. If the price closes below 3608 at the 4-hour level, it also indicates the bulls are struggling, and a continued pullback may follow, with support levels focusing on the areas of 3565 and 3522.
Suggested evening limit order operations:
Long BTC at 112700, target 113500 - 114000
Steadily place it around 112000.
Long ETH 3565, target 3600-3630
Place a steady long position at 3522
BTC1.82%
ETH5.01%
View Original
post-image
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
  • Comment
  • Share
Comment
0/400
No comments
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)