Looking at the 4-hour chart, Bitcoin has broken out of its downward channel, marking the end of a nearly two-week correction. The market will continue to test previous highs. Trading strategy remains unchanged, with a focus on buying on pullbacks and exiting the market on profit taking near previous highs. If you have any trading questions, please leave a comment...
Bitcoin has been fluctuating downward since it hit a new high on July 14. It rebounded upward after testing the downward support level on August 3. What we need to pay attention to now is the upper resistance level of the downward channel. If it breaks through, this adjustment will end and you can go long on the pullback. We need to pay attention to the support...
Today, Friday, gold finally closed above 3380 after Thursday's close. It initially surged to a high near 3408 on Friday's opening.
Gold is currently consolidating above 3380.
Over the past two days, gold has largely fluctuated between 3360 and 3360. After closing above 3380 yesterday, the current range has shifted to 3380-3400.
The hourly chart also shows the...
