December 18 Evening Bitcoin and Ethereum Trading Suggestions and Direction Sharing


From the current market situation, the 4-hour chart shows that Bitcoin is developing in a slow upward trend after a period of consolidation. The price started to oscillate upward from a low of around 85,800 and is currently trading around 86,700. In the afternoon, it has been in a narrow range correction, with the three moving averages continuing to decline. In the short term, there is a correction trend. On the 1-hour chart, the market is dominated by a pattern of fluctuating bullish and bearish signals, with obvious range-bound characteristics. From the technical indicators, MACD: the fast and slow lines are below the zero axis, DIF crosses above DEA to form a golden cross, and the green energy histogram shows signs of increasing volume. There are short-term rebound signals. Overall, the short-term trend has developed into a slow upward correction pattern. Therefore, the suggested approach for the evening is to continue the afternoon strategy of buying low and selling high. Currently, traders can consider buying on dips based on the rebound trend within the range.
For Bitcoin, consider buying near 86,800 to 86,300, with attention to 88,000.
For Ethereum, consider buying near 2,840 to 2,830, with attention to 2,950.
BTC1.85%
ETH2.45%
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BtcZhaoHuivip
· 12-18 09:35
Hop on board!🚗
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BtcZhaoHuivip
· 12-18 09:35
Hop on board!🚗
View OriginalReply0
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