Crypto Market Early Events 🥇🥇🥇 2024-12-11
Analysis of Bitcoin and Ethereum price trends, wealth codes, long and short ambush points...
BTC 4-hour candlestick trend:
Resistance level: around 97385~98847
Support level: around 994826~96178
ETH 4-hour candlestick trend:
Resistance level: around 3785~3851
Support level: around 3434~3557
Technical analysis:
1. Bitcoin's 4-hour candlestick volume is increasing (🈶suspected to induce long positions), currently the 4-hour candlestick is oscillating at a high level within a triangle pattern, please note the resistance level near 98847 above the triangle; if the volume breaks through the resistance level, a pullback will present an opportunity for bulls to enter 💹;
2. Bitcoin's shorter than 4-hour cycles show a bearish trend in the Guppy trend indicator, with a change in short-term trend, short-term operations should go short on highs;
3. Bitcoin's KDJ indicators above the 1-hour cycle are all running above 20 (resistant to declines), however, the daily MACD indicator is showing a bearish leakage pattern, and the 12-hour MACD indicator is showing a no-root water pattern, indicating a temporary need for price adjustment, short-term operational strategy is to go short on highs, once the price rebounds back to the upper band of the Bollinger Bands on shorter cycles of 15 minutes, 30 minutes, or 1 hour EMA moving average 60 or important neckline resistance level, consider entering short positions for profit 🥰; or enter small long positions for profit after a bottom divergence pattern appears in the shorter cycles of 15 minutes or 30 minutes 🥰, in extreme oscillating markets, follow the principle of quick in and out, and take profit when it’s good. (Please set stop-losses, buckle your seatbelt, and take protective measures with the three tricks to resolve positions) {Contract thinking};
Short-term operational thinking: Price pullbacks to the important support levels marked above can be lightly loaded with long positions for entry {Spot thinking};
Investment carries risks, and one must be cautious when entering the market; the above analysis is for reference only! You can also make corresponding layouts for altcoins based on Bitcoin's correlation effect!
A year's plan begins in spring 🌹
A day's plan begins in the morning 💰
Follow 'Crypto Market Early Events' 🥇 to make money easily while watching the market 🥰
Your 'likes + follows' are my greatest encouragement, thank you!
#BTC
#币圈盘报分析 #微软比特币投资投票案 #市场回调抄底还是观望? #MicroStrategy增持BTC #亚马逊股东提议比特币投资