Analyst Chen Shu: 12.7 midnight BTC, ETH market strategy * 2, successful long order gains, follow pullback long opportunity.



On the afternoon of the 12.6, the article analysis gave a BTC long order strategy of 9.72/9.62, and an ETH long order strategy of 3870/3780. The intraday price fell to 9.75/3840, and the ETH long order successfully got on board while BTC was 300 points short. The highest point reached 9.95/4050 during the day, and the ETH long order took a profit of 180 points. Congratulations to friends who followed the strategy! Please see the following analysis for the current short-term rebound operation.

From the daily chart, BTC is currently forming a small bullish candle, repositioning above the MA5/10 moving averages, and continues to stay above this level in the short term; On the 4-hour chart, it has been forming red candlesticks since the Long Wick Candle, breaking and staying above the MA5/30 moving averages. Currently, it has not broken through the MA10 moving average. Pay attention to whether it can break through and stay above this level during the midnight session. On the 1-hour chart, the short-term trend continues upward, but the rebound strength is not strong. Follow the situation of breaking through and staying above the resistance level of 9.9/9.95.

From the daily candlestick chart of Ethereum, today's daily candlestick once again formed a large bullish candlestick, breaking through the $4000 mark. The overall market is consistent with the midday analysis in today's article, maintaining a strong short-term bullish trend for long positions. As long as the overall market continues to stay above the MA5/10 moving averages, the bullish trend will continue, and we should continue to wait for opportunities to go long on pullbacks.

Midnight Operation Ideas (Drafting Time: 01:00):

BTC: Around 9.75/9.65 Light Position long, target above 9.9; above 10, consider Light Position short, target 9.8

ETH: Light Position go long near 3940/3880, target 4080, short order follows Bitcoin synchronously, mainly pullbackLong

medium to long term trend: Although BTC experienced a sharp drop, the market data still indicates a bullish trend, with the daily candlestick currently above the MA5/10 moving averages, and the 4-hour chart holding above the MA120 moving average. It is not advisable to be bearish before a clear short-term top is seen; Ethereum, on the other hand, is showing relatively strong performance, so waiting for a pullback opportunity to go long on Ethereum is recommended.

Daily analysis strategies have a high winning rate! Analysis is not easy, hope everyone can give a free follow, favorite, like, and comment, thank you all, welcome everyone to discuss in the comments below, I will reply one by one!

Real-time market strategy communication and consulting on market issues can follow me, the original (Coin World) ranked first personal KOL main V, real-time free guidance and answer trading questions, welcome everyone to communicate and communicate! #参与动态用户问卷调研,瓜分$1,000奖池 #AI代币普涨,你最看好哪个? #下一个市值超过$10亿Meme币是? #BTC #ETH
ONDO0,15%
SOL1,15%
XRP-2,1%
ETH1,08%
BTC-0,45%
View Original
post-image
post-image
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
  • 2
  • Repost
  • Share
Comment
0/400
CryptoWorldCivilServantvip
· 2024-12-07 01:15
bull rebound 🐂
View OriginalReply0
GateUser-83a0537fvip
· 2024-12-06 17:24
Don't FOMO/FUD 🙅BTC Halving to Moon 🚀BTC Halving to Moon 🚀BTC Halving to Moon 🚀
Reply0
  • 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)