5.11 Bitcoin Evening Analysis



Bitcoin quickly recovered after a second bottom at 80860 in the evening, with the low point rising. The 81000 level remains a strong support. The KDJ indicator's momentum is weakening after a bullish crossover at the low, but it is now operating strongly. The D oscillator has sufficient momentum; ATR has stabilized, and volatility is about to increase.

Trading Suggestions:
Pull back to the 80500-80600 range to buy the dip, maintain the bullish outlook as long as support holds. First target is 82000; breaking the previous high opens up more upside space. $BTC $ETH #Gate广场五月交易分享 #特朗普5月13日访华 #山寨币资金回流
BTC0.56%
ETH-0.94%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin