BTC operation strategy on December 18
From the current market, BTC has pulled back after touching the upper edge of the channel, and has now retreated to the 4-hour support level of 104,900.
Although the strong upward rhythm has been interrupted, the overall structure has not changed. As long as the support level of 104,900 is maintained, the next trend may still maintain a fluctuating upward trend. If buying continues to enter the market, BTC is expected to further sprint to a new high. Therefore, in intraday operations, a pullback to a low level can still be regarded as an opportunity to go long.
Intraday operation suggestions:
You can enter the market and go long near the current price of 105,100, and the white market targets will first look at the two positions of 106,500 and 107,500.
If the price encounters resistance at these two positions, you can choose to stop profit first and wait for a lower level to enter the market and go long.
