【Bitcoin and Ethereum evening analysis on Tuesday, September 10】
From the hourly chart, although there was a retracement after the price stretched, the price ratio stretched upward again after the retracement. As the downward pin continued to move upward, the bulls slowly recovered most of the lost ground, and the retracement force gradually decreased. At present, the price ratio is running on the middle track of the Bollinger Bands, and there are signs of upward continuation. In addition, the low point continues to rise. For evening operations, Xiangyun recommends low-to-long operations.
Evening operation suggestions:
Bitcoin 56500-57000 range long, target 58000-58500.
Ethereum can be carried out simultaneously.
Xiangyun cannot dominate the market trend, but can give a relatively stable entry position based on intraday indicators, thereby reducing trading risks and increasing the chance of profit. If you are not sure, you may wish to find Xiangyun! ! !
