Latest analysis of BTC/ETH on Tuesday morning, October 21


From the current perspective, after breaking through the 118,000 mark yesterday morning, the trend started to surge strongly, and it once again stood above the 111,500 mark during the day. Although there is strong resistance above, the momentum still shows a strong upward trend. Each pullback has been effectively recovered in a short period, and the upward outlook can still be maintained!

From a four-hour perspective, the Bollinger Bands are slowly opening upwards with extensibility. The price is currently oscillating under pressure at the upper band, while the middle band support is slowly moving up. The MACD histogram is expanding, and the KDJ has formed a golden cross and is moving upwards. In terms of operations, one can initiate low volatility runs around the middle band support!

Operational Recommendations:
BTC: 109000-108500, looking up near 112500-113000

ETH: 3880-3920, looking up near 4100-4180
BTC1.39%
ETH3.17%
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