Afternoon Market Analysis & Trading Suggestions for 12.29



Cili will help you grasp the rhythm of the afternoon market!

The Bitcoin rebound is in full swing, after a weekend of consolidation and buildup, it exploded today, gaining nearly 2000 points. Bullish buying enthusiasm is high, and the upward trend is a certainty!

✅ Technical Analysis
4-hour timeframe: MACD golden cross diverging upward, volume expanding gradually, price steadily above the upper Bollinger Band, bullish momentum continues to release, and the upward potential is worth期待!
1-hour timeframe: The unilateral upward pattern remains unchanged, with no signs of weakening or top structure during the session. The price is eager to rise, with full breakout strength!

✅ Afternoon Trading Suggestions
🎯 Bitcoin: Go long near 89300, target 91000
🎯 ETH: Go long near 3010, target 3100

⚠️ Friendly Reminder: Follow the trend, avoid going against the market, prioritize position management, and respond flexibly to real-time movements!#比特币与黄金战争
BTC1,38%
ETH1,1%
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
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt