Reference for short-term trading strategy on Friday:


The current hourly chart shows that the price has temporarily found support around 117,000, and the low area has been consolidating for the whole night. During the daytime, it is recommended to focus on the resistance level at 120,000 and the support range below, primarily using a short-term trading strategy. Considering the previous significant rises and falls, it is expected that the subsequent market will likely enter a horizontal correction phase.

Trading reference:
You can set up long positions for Bitcoin around 117000-117500, with a target range of 119500-120000.
You can set a long position for Ethereum around 4550-4580, targeting the 4650-4700 range #BTC# #ETH# .
ETH-1.34%
BTC-0.4%
View Original
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
  • 1
  • Repost
  • Share
Comment
0/400
Sfmovip
· 08-15 03:29
Bull Run 🐂
Reply0
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)