Xiang Li: Analysis and Trading Strategy for Big Coin and Small Coin on December 18th Midday
The market sentiment this morning was very bullish, with a clear upward trend. Big Coin started to rally from a low of 85663 in the early session, with strong momentum, climbing steadily northward to around 86400. Small Coin moved in tandem with Big Coin, bottoming at 2810 in the morning, then gradually rising, reaching a high of 2846 but failing to stabilize, pulling back slightly, currently hovering around 2820. From the four-hour chart, it can be seen that the non-trend-following three-line downward pattern remains unchanged. The price continues to operate within a downtrend channel, indicating that the current market sentiment is still very bearish, with the overall market dominated by bearish pressure. The MACD indicator shows that both lines have formed a bearish crossover below the zero line, with a high degree of convergence, and the momentum histogram shows only a slight increase, suggesting the market remains weak, with limited upside potential and no signs of trend reversal. Additionally, KAJ is also operating within a weak zone; the J line has already turned upward in the oversold area, but trading volume has not increased with the upward movement of the price, indicating low market participation and a strong wait-and-see attitude. Such a volume-less rebound is usually unsustainable and prone to failure when encountering resistance. Looking closely at the hourly chart, the KDJ indicator's J line has entered the overbought zone, suggesting that the strong upward push earlier may be nearing its limit, and the upward momentum is approaching exhaustion. Overall, under the current bearish trend, the afternoon trading strategy could be to buy on dips. In the short term, Big Coin at 87800 and Small Coin at 2900 can be used as stop-loss levels. A successful breakout above these levels would indicate a trend reversal. Big Coin can be traded within the range of 86500–87000, with a short-term target of 86000; if a strong breakout occurs, then look toward 85000. Small Coin can be traded within the range of 2820–2850, with a short-term target of 2800; if a strong breakout occurs, then look toward 2780. #成长值抽奖赢金条和精美周边 #GateLaunchpadKDK认购上线 #市场触底了吗?
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Xiang Li: Analysis and Trading Strategy for Big Coin and Small Coin on December 18th Midday
The market sentiment this morning was very bullish, with a clear upward trend. Big Coin started to rally from a low of 85663 in the early session, with strong momentum, climbing steadily northward to around 86400. Small Coin moved in tandem with Big Coin, bottoming at 2810 in the morning, then gradually rising, reaching a high of 2846 but failing to stabilize, pulling back slightly, currently hovering around 2820.
From the four-hour chart, it can be seen that the non-trend-following three-line downward pattern remains unchanged. The price continues to operate within a downtrend channel, indicating that the current market sentiment is still very bearish, with the overall market dominated by bearish pressure. The MACD indicator shows that both lines have formed a bearish crossover below the zero line, with a high degree of convergence, and the momentum histogram shows only a slight increase, suggesting the market remains weak, with limited upside potential and no signs of trend reversal. Additionally, KAJ is also operating within a weak zone; the J line has already turned upward in the oversold area, but trading volume has not increased with the upward movement of the price, indicating low market participation and a strong wait-and-see attitude. Such a volume-less rebound is usually unsustainable and prone to failure when encountering resistance. Looking closely at the hourly chart, the KDJ indicator's J line has entered the overbought zone, suggesting that the strong upward push earlier may be nearing its limit, and the upward momentum is approaching exhaustion.
Overall, under the current bearish trend, the afternoon trading strategy could be to buy on dips. In the short term, Big Coin at 87800 and Small Coin at 2900 can be used as stop-loss levels. A successful breakout above these levels would indicate a trend reversal.
Big Coin can be traded within the range of 86500–87000, with a short-term target of 86000; if a strong breakout occurs, then look toward 85000.
Small Coin can be traded within the range of 2820–2850, with a short-term target of 2800; if a strong breakout occurs, then look toward 2780.
#成长值抽奖赢金条和精美周边 #GateLaunchpadKDK认购上线 #市场触底了吗?