Morning Analysis on 7.23
The shipping information increased to around 115800 yesterday and has been climbing stepwise to around 120300, currently oscillating near 120000.
From the daily chart, the market shows a reversal with a downward trend. The support appears as a lower shadow bullish candle. On the 4-hour level, the upward trend shows an increase and approaches resistance near the upper band. On the hourly level, the upward trend continues to run around the upper band.
Suggestion:
Bitcoin: Around 120300-120800
Look towards: around 119300-118800.
#山寨季来了?#