Lvxing 8.14 Afternoon Thought Analysis and Operation Suggestions



According to the current market situation, the four-hour level shows that the price has broken through the upper Bollinger Band with five consecutive bullish candles. The bullish momentum continues to diverge, and the overall structure remains strong. As the price high points keep rising, the bullish sentiment is also persistently pushing upward. The one-sided trend is quite obvious, and various indicators and moving averages indicate that there is still room for the bullish trend to continue upward.
From the hourly level, the market has been running close to the upper Bollinger Band with minor pullbacks, and the overall trend has remained within the upward channel.

Operation Suggestion:
The large pancake is hovering around 121700-122000, with a target looking towards 123800-124500.
The concubine is hovering around 4730-4700, with the target looking towards 4800-4830.
BTC-0.34%
ETH-1.3%
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