$SOL $BNB 8.31 Morning Market Overview: BTC Closes with a Ha
Mauriciae
Updated at: a day ago
{"content":"$SOL $BNB 8.31 Morning Market Overview: BTC Closes with a Hammer Candlestick, Bullish for the Day
BTC closed this morning with a hammer candlestick, bullish for the day
BTC is forming an ascending triangle, facing resistance at 10.93 before pulling back, waiting for a breakout to stabilize and follow the trend for long positions, with a stop at 10.87 and targets at 11.03 and 11.12; similarly, waiting for a right-side pullback to the trendline and support at 10.87 to create a resonance point without breaking, going long with a stop at 10.83 and targets at 10.98 and 11.04; the daytime may not fluctuate much, watching the evening session and the European and American markets to see if they will drive the overall market
Tomorrow marks the end of the weekly and monthly lines, with a high probability of interest rate cuts next month; a bullish trend in September is about to arrive, preparing for the last climax of the four-year halving cycle
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