1.27 Early Morning Trading Outlook


BTC is currently exhibiting a clear range-bound oscillation characteristic, with prices oscillating between the key support at 80600.5 and resistance at 89467.5. The technical indicators are releasing positive signals: the moving average system has completed a golden cross resonance, a bullish engulfing pattern has appeared on the daily chart, and initial signs of short-term reversal momentum are emerging. However, it is essential to be cautious, as the current upward trend is accompanied by extremely low trading volume, and the divergence between volume and price is significant. An effective breakout confirmation has not yet formed, and the risk of false breakouts still needs to be prioritized.
The pancake is hovering around 88000-89000, aiming to look down at 87000-86000.
The two pancakes are around 2980-3000; the target looks below 2900-2880#非农数据超预期 #反弹币种推荐 $BTC $ETH
BTC-1,21%
ETH-2,99%
View Original
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)