8.19 Tuesday evening BTC analysis



On the hourly level, the price comparison is under pressure from the upper MA144 and MA169 moving averages, with weak rebounds. In the MACD indicator, the DIF is below the DEA, and although the green bars have narrowed, the momentum of the peak has not completely dissipated. If it cannot effectively break through the previous high of 116938, it is highly likely to fall back and test the support at 114303.

Personal suggestion, for reference only (set strict defense)
BTC 116300-116800 range, target 115000, 113800
BTC-0.22%
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