8.7 BTC morning trend analysis


The MACD histogram on the 4-hour chart for BTC is shrinking and moving downward, with the DIF and DEA below the 0 line, indicating a short-term bearish trend.
After testing the midline of the price in the 1-hour period and falling back, if a "hanging man" or "evening star" candlestick pattern is formed, it can be considered a short signal.
Operation Strategy:
The current BTC is in a volatile bearish structure, it is recommended to short at highs in the range of 115200–116000.
Target 112800–113000 (strict stop loss required) #BTC#
BTC3.01%
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