Mu Feng's Trend Analysis: 12/16 Market Intraday Trend Interpretation and Operation Ideas
During the early morning of August, the big cake and the oversupply rose in large volume. At present, the strong increase in the mainstream volume also gave a good start to the market this week. From the weekly perspective, the current BOLL upper track is accelerating, the KDJ and MACD golden cross continue to strengthen, and the main chart MA5 and MA10 daily moving averages continue to rise this week. From the daily perspective, KDJ continues to cross upward today, BOLL fluctuates upward as a whole, and the main MA three-day moving averages continue to move upward at different amplitudes (the increase of MA30-day moving average accelerates), so for the short term, it is still necessary to continue to be bullish at low prices. The short-term trend of the day is estimated to be volatile (because a wave of volume has been released in the morning, the market volume will be relatively weakened in the afternoon and evening). The operation idea is still to retreat and take more in batches. The specific points can be referred to:
BTC: 104200-103200 long, target 106200
ETH: 3940-3900 long, target 4040
The above is a personal intraday market analysis, "Official Account: Mu Feng Watch Trends" first release, welcome to communicate and learn together! #加密市场狂欢 #ETH再度冲击4K #比特币战略储备 #BTC再创新高 #纳斯达克100指数宣布纳入微策略