8.25 Tuesday Crude Oil Analysis: Daily timeframe: The low points are gradually rising; the larger uptrend structure remains intact. Overall, oil prices continue to trade within an ascending range channel. Pullbacks have not broken the medium-term uptrend structure.
Every decline brings in fresh capital to take the position. The moving average system is spreading upward; the MACD is running above the zero line. This is a pullback-and-consolidation (uptrend continuation) washout, not a trend reversal. The large-scale bullish structure stays complete.
4-hour timeframe: Pullbacks serve as accumulation for the move; downside momentum has weakened to exhaustion. The decline after the spike is a normal retracement during an ongoing uptrend. The main force is cleaning up short-term chasing longs. After retesting key support, price stops falling and stabilizes. On the 4-hour timeframe, there has been no breakdown to the downside.
Crude oil recommendation: Go long at 82–84; set defense at 80. Targets: 87–90–93–95 and above $NVDAB #BTC触及80000美元 #比特币周涨23.6%
Every decline brings in fresh capital to take the position. The moving average system is spreading upward; the MACD is running above the zero line. This is a pullback-and-consolidation (uptrend continuation) washout, not a trend reversal. The large-scale bullish structure stays complete.
4-hour timeframe: Pullbacks serve as accumulation for the move; downside momentum has weakened to exhaustion. The decline after the spike is a normal retracement during an ongoing uptrend. The main force is cleaning up short-term chasing longs. After retesting key support, price stops falling and stabilizes. On the 4-hour timeframe, there has been no breakdown to the downside.
Crude oil recommendation: Go long at 82–84; set defense at 80. Targets: 87–90–93–95 and above $NVDAB #BTC触及80000美元 #比特币周涨23.6%
