Morning Thoughts on December 27
Dear students, good morning. The Bitcoin daily chart has closed with two consecutive bearish candles, the Bollinger Bands are showing an upward closing trend, the MACD moving average is continuing to decline, and the bearish momentum is being released. The KDJ line is slowly rising. On the four-hour chart, the Bollinger Bands have begun to close downward, but the price has rebounded above the middle track of the Bollinger Bands. At this moment, the MACD moving average starts to turn upward, bullish momentum is gradually strengthening, and the KDJ line is also in an upward trend. Regarding Ethereum, the daily chart shows alternating bullish and bearish candles, approaching around 3988. The Bollinger Bands have opened in an expanding upward mode, with the MACD moving average and KDJ line rising in sync, and bullish momentum continues to expand. The four-hour chart also shows that the Bollinger Bands are widening, the MACD moving average is climbing, bullish momentum is continuously being released, and the KDJ line is steadily rising.
Bitcoin: 94800-95500 buy Target 96100-96800
Ethereum: 3290-3330 buy Target 3370-3410