Coin Circle Yuelin 12.16 Monday, Bitcoin, Ethereum Morning Strategy!
Good morning to all friends in the coin circle, I am your lucky goddess Yuelin. From midnight to morning, the thought is very clear, Zuo Duo looks bullish breaking new highs, Bitcoin price once again exerts force to refresh the historical high, those who followed the operation are also waking up to collect profits, this position can continue to look up to 106000!
The four-hour K-line of Bitcoin shows a continuous bullish trend, and the market is in a slowly rising channel. Although the overall trend is close to an overbought state, it has not completely broken through, just one last step. In the trading process, personal subjective assumptions and guesses must be excluded; only by operating in accordance with the trend and closely following the market rhythm is the appropriate and correct response strategy. The dominant sentiment in the current market is still bullish, and before the trend reverses, every pullback is a good opportunity to enter long.
Monday's individual operation suggestions:
BTC: Pullback to 102500-103000 to go long, target 106000
ETH: Pullback to 3900-3880 to go long, target 4200
Every day, Yuelin will update the market trend interpretation and operational ideas. The strong will always be strong, and I hope all coin friends uphold trading principles, stay away from emotional trading, and wish you a smooth and prosperous trading day today, making a fortune!