December 18 Evening Bitcoin and Ethereum Operation Suggestions and Direction Sharing


From the current market situation, the 4-hour chart shows that Bitcoin and Ethereum continue to rise with four consecutive bullish candles, forming a converging pattern, which indicates a decrease in short-term volatility. This may be a brief consolidation before the CPL announcement. The short-term lower band has shown signs of turning up, suggesting that the short-term trend will continue. The stochastic indicator shows k > D > J, with an upward turn, confirming a short-term bullish trend. The MACD is below the zero line, forming a golden cross with signs of upward movement. The green energy histogram continues to expand, indicating that the short-term bullish trend will persist. Therefore, before the CPL announcement, the operation strategy is to continue with the evening approach of buying on dips.
Buy near 87,000 to 86,500 for Bitcoin, watch for 88,500
Buy near 2,850 to 2,830 for Ethereum, watch for 2,950#BTC #ETH
ETH-0.32%
BTC0.15%
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)