Bitcoin Afternoon Trend Analysis and Strategy



December 26th, 14:00, BTC 4-hour K-line shows weak oscillation, current price around 87400, key range 86800-88500, 4-hour MACD below zero line with a golden cross, volume is relatively weak, bears are dominant.

Key Levels
Support: 86800 (previous low + long lower shadow), 87000 (psychological level)
- Resistance: 87800 (4-hour EMA30), 88500 (previous high)

Trading Strategy
1. Short-term Long: Light position long at 86800-87000, stop loss at 86300, target 87600-87800, break above 88200-88500 with volume increase to chase longs, otherwise take profit and exit.
2. Short-term Short: Light position short at 87800-88000, stop loss at 88600, target 87000-86800, add to short if below 86800, aiming for 86000-85500.
ETH1,88%
BTC0,68%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)