12.18 Afternoon Silk Road

Don't take the retracement as a reversal, the low-long bullish trend will not change!

ETH

The upper track of the second cake is under pressure and retreats. It is currently supported by the middle track. Relying on the middle track support, the low-long trend is expected to rebound. The lowest retracement at noon was 3802, which stopped the decline and rebounded. The current price is 3855. If it retreats a little more during the day, long orders are ready to enter the market.

The second cake retreats to 3840 and 3830 to take long positions, with the target at 3900, 4000 and 4100. If it does not retreat and directly pulls the market, it may also consider going long directly without getting stuck at the point.

BTC

The current price of Bitcoin has retreated to test the 4-hour level middle rail support. The lowest price at noon was 103,000, which stopped the decline and rebounded. The current price is 104,100. The intraday low-to-long bullish trend remains unchanged. The market has continuously reached a new high of 108,366.

You can't say that the bull market is gone just because it retreats 3,000 points, and then go to 90,000 again. The retreat is not a reversal, so just treat it as a low-to-long.

Bitcoin is ambushing low-to-long near 104,500 and 103,500 during the day, and the target is 106,000, 107,000 and 108,000. Friends with a big pattern can go directly to 110,000 to #比特币突破7万美元 #比特币 #以太坊