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ASR-VC indicator 4h channel status update:
$BTC is finally moving, and the price is currently testing the middle track of the channel, but since the left horizontal pressure level of 115.8k has been broken through, the probability of breaking through the middle track here is still quite high, especially the spot premium below is also at a high level.
If the middle track can be broken, then theoretically, this wave of correction from the previous high is over, and the disk officially enters a large range of shock markets, and the short-term rebound target will be near the yellow line on the oscillation channel;
This happens to be a 4H secondary supply area, and the price is roughly between 119k~120k.
If the final breakthrough of the middle track fails, we will update it again, and at present, it is just a step at a time, $BTC is finally slightly better!


Aug 6, 08:14
ASR-VC indicator 4h channel status update:
Last night's pullback just stepped back on the demand zone of the weekend low, and it now looks like there is a higher low at the small level.
At the same time, the 4h level also stepped back along the cyan line under the oscillation channel, and due to the effective support, it can be considered that the disk will not directly turn to the bearish trend for the time being;
There is a high probability that it will start to fluctuate in the range of 112k~120k, but since the price still does not stand back in the middle track, the target of the short-term rebound can only be seen around 116.3k in the middle track.

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