December 19th midday Bitcoin and Ethereum trading suggestions and directions
The market fluctuates like breathing; those with keen senses hear subtle tremors and adjust their steps accordingly, while the stubborn, even witnessing a collapse, will still be submerged by the tide on their self-made island. Therefore, market fluctuations should not be rigidly adhered to; while planning your strategy in advance, you must also have a response to sudden changes. Profit-taking is relatively simple. From the current market view, the 4-hour chart shows that the market is oscillating and consolidating at low levels, with Bollinger Bands expanding, short-term volatility increasing, and the market showing a two-green-candles pattern. The short-term trend is dominated by a bullish pattern. Recently, the white market has been developing with a slow upward oscillation, and the short-term bullish trend is expected to continue. On the 1-hour chart, the current pattern shows a bullish engulfing candle, indicating a strong desire for a rebound. The MACD is below the zero line and shows signs of turning upward, further confirming a rebound trend. Therefore, the midday trading strategy is to continue with the morning approach, focusing on buying on dips. For Bitcoin, buy near 85,500 to 85,000, watch for 87,500. For Ethereum, buy near 2,830 to 2,800, watch for 2,900.
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December 19th midday Bitcoin and Ethereum trading suggestions and directions
The market fluctuates like breathing; those with keen senses hear subtle tremors and adjust their steps accordingly, while the stubborn, even witnessing a collapse, will still be submerged by the tide on their self-made island. Therefore, market fluctuations should not be rigidly adhered to; while planning your strategy in advance, you must also have a response to sudden changes. Profit-taking is relatively simple.
From the current market view, the 4-hour chart shows that the market is oscillating and consolidating at low levels, with Bollinger Bands expanding, short-term volatility increasing, and the market showing a two-green-candles pattern. The short-term trend is dominated by a bullish pattern. Recently, the white market has been developing with a slow upward oscillation, and the short-term bullish trend is expected to continue. On the 1-hour chart, the current pattern shows a bullish engulfing candle, indicating a strong desire for a rebound. The MACD is below the zero line and shows signs of turning upward, further confirming a rebound trend. Therefore, the midday trading strategy is to continue with the morning approach, focusing on buying on dips.
For Bitcoin, buy near 85,500 to 85,000, watch for 87,500.
For Ethereum, buy near 2,830 to 2,800, watch for 2,900.