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Market analysis and trading strategy for the morning of August 13
[Current Trend]
BTC has pulled back from the morning high of 120270 and is currently trading around 119700; ETH is also adjusting, showing a weak oscillation pattern.
[Technical Analysis]
1-hour level display:
- The Bollinger Bands are operating near the middle band.
- KDJ indicator is pointing downwards
- MACD bullish momentum weakens
[Operation Suggestion]
BTC:
▶ Pull back to buy at 119300-118500
▶ Target 120700-121600
ETH:
▶ 4550-4520 more
▶ See 4610-4650