Crypto Circle Yuelin 12.21 Saturday, Bitcoin, Ethereum Morning Strategy!
Good morning, crypto friends! I am your lucky goddess Yuelin. The current Bitcoin price clearly shows that the daily bullish trend has been broken and the structure has been damaged, with the daily bullish lifeline broken (30-day moving average). The current adjustment has also been validated. The market will undergo further changes. Yuelin believes that the Bitcoin price will go down to test the bottom again. I said we would take it step by step for the safest approach.
In the 4-hour chart, the price continues to form doji candles. If this 12-hour candlestick does not break the 98300-98000 range, then the gun will aim downwards again. The technical indicators show a flat performance, with indicators in the middle, indicating that there is considerable space for movement either upwards or downwards. Personally, I sense a strong downward trend; this will be another wave of selling, and we will see pressure forming in front of the trend that is meant to be broken.
Saturday morning operation strategy:
BTC: 97600-98000 Short, Target 95000-90800
ETH: 3480-3490 Short, Target 3370
The above ideas are just Yuelin's personal operational logic and should not be used as investment advice for anyone; they are for reference only. The market changes rapidly, and specific operations should be based on the stone plate. Data is time-sensitive. If this article is helpful to you, following and liking it would be a support and acknowledgment for me.
