Latest analysis of BTC/ETH on the evening of September 1.
The BTC daily line first dipped to 107250 before rebounding; the 4-hour Bollinger Bands are contracting, encountering resistance and retracing at 109900; the 1-hour shows a "y" shaped rebound with a MACD golden cross, still expecting a retracement in the evening.
BTC: Buy around 108300-108800, target 110000-112000 ETH: around 4370-4330, target 4450-4550
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Latest analysis of BTC/ETH on the evening of September 1.
The BTC daily line first dipped to 107250 before rebounding; the 4-hour Bollinger Bands are contracting, encountering resistance and retracing at 109900; the 1-hour shows a "y" shaped rebound with a MACD golden cross, still expecting a retracement in the evening.
BTC: Buy around 108300-108800, target 110000-112000
ETH: around 4370-4330, target 4450-4550