Ourbit daily complaint: BTC supports bottom, continues bullish pursuit

2020-9-8 16:38
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OURBIT Gold Analyst Bi Xiaosheng: Yesterday, BTC announced a decline. After the morning high of 10,300, the decline begins at 10 a.m. and descends below the 9900 line at 8 p.m. It bounced back towards 10200 and has oscillated today. At 6 a.m. it slowly returned to around 10400, and now the market is fluctuating around 10200-10400. Measure indicator: BTC started the reversal from a low. Over time, the market has moved towards the Bollinger Bands. The fast and slow MACD lines increased and the third KDJ line broke. The daily market level is below the Bollinger Band, showing signs of a rise after the KDJ 3-line curve retreats and the MACD quick line continues to the bottom of the deadline. Overall, the market is still in the 9900-10400 range. Now the market has reached support near 9900 and is starting to recover. The shorter time frame is real and we are concerned about the breakout above 10400. More Dips investment while working. The targets are 10500 and 10700. Take advantage of the competition. Recent trades are important, so be careful with your risk.

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2020-9-8 16:32