December 19th Daily Summary and Early Morning Update:
Thursday turned out to be a perfect day and is about to come to an end, as we are soon stepping into Black Friday! Early in the morning, a waterfall-style drop from the high point of 105343 occurred. This liquidated the previous bullish trend. The price of the coin reached a low of 98744 in the morning. After hitting the low, the market once again experienced fluctuations and rose. In the evening, the market peaked at around 102756 before showing a downward spike. It also broke the 100000 mark again. Ethereum's daily performance was basically in line with Bitcoin's trend, with a morning low of around 3540, also accompanied by fluctuations and rising in the evening, followed by a downward spike. The bullish outlook we provided in the morning has indeed achieved considerable gains.
Today, we placed 7 trades combining Bitcoin and Ethereum, securing over 9000 points! (Details in the image)
From the four-hour structure perspective, the double frame bottoming led to a big bullish move, but it was constrained by the resistance of the middle track, causing a pullback. Currently, the market structure has not changed; we refer to the lower track at the low point for long positions and wait for a rebound. Considering the hourly level, the Bollinger Bands are narrowing, the middle track is downward, and the bearish momentum still has some continuation strength. Here, we pay close attention to the lower track resistance around 98500; hitting this level would indicate a new round of rebound. At midnight, we can first observe the pullback strength before participating in long trades!
Friday Early Morning Personal Trading Suggestions:
BTC: Long at 100000-99400, Target 103500
ETH: Long around 3500, Target 3630
Making money isn't hard; what's difficult is finding a fated and responsible guide.
The posts are effective; the focus is on real-time guidance, and whether it works in practice can be seen from how many times Yuelin has traded. If you think my analysis makes sense, feel free to leave a comment and give a thumbs up! #加密用户突破1800万 $BTC