Blockchain Liangqiu: 8.20 Bitcoin/Ethereum long orders stop profit, retracement continues to enter the market
Bitcoin/Ethereum re-arranged the retracement long order idea late last night, Bitcoin near 58800, Ethereum near 2600, the market has been pulled up after entering the market, the overall space is not bad, and the previous posts can all be seen. At present, the market has fluctuated from the high point in the early trading to the present, and the market has also partially retreated, but the overall trend is still upward, and the current back and forth fluctuations are also the result of up and down tests.
The overall trend of Bitcoin on the daily line is obviously much stronger. It not only directly breaks through the recent multiple upper pressures near 60,000, but also has signs of stabilization. At the same time, Bitcoin breaks through the middle track of the Bollinger Bands and pays attention to the pressure near 63,000 above. After the 7-day and 10-day moving averages overlap on the moving average indicator, there is a trend of turning upward again. The important support of 59,000 is still concerned. Ethereum is slightly weaker overall, and it crosses below in four hours. There is a need to test the support near 2560 below again.
In the evening operation, Bitcoin will continue to enter the market with long orders around 59500 to 59800, with a target of around 61500, and Ethereum will continue to enter the market with long orders around 2570 to 2600, with a target above 2650. #美联储何时降息？ #BTC
