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Monday Night Bitcoin and Altcoin Strategy
Bitcoin's daily chart shows a stepwise upward movement, with consecutive bullish days confirming a bullish trend and stabilizing above the middle Bollinger Band; MACD is converging below the zero line, with decreasing green bars, indicating weakening selling pressure.
On the 4-hour chart, after a rally, the price consolidates and prepares for the next move, trading between the middle and upper Bollinger Bands; MACD shows a golden cross with divergence, red bars slightly shrinking but not reversing, with short-term support at 89,000-90,000.
Resistance at 92,000-93,000.
Trading Strategy
Bitcoin in the 89,500-90,000 range, aiming for 91,500 and targeting 93,000.
Altcoin in the 3,060-3,090 range, aiming for 3,150 and targeting 3,220.