I am Zhou Yueying: On December 11, Bitcoin's long and short positions perfectly realized a range of 7500 USD, while Ethereum at 3800 is a watershed for long and short positions. Latest advice
Good afternoon, I am Zhou Yueying. Here, the strategy only has precise points, without ambiguous ranges or nearby values. Friends who like Yueying can click to follow. Let's see today's sharing!
Congratulations to those who followed the previous strategy, capturing profits on both long and short sides! The short at 98300 and the long at 94800, the market started to fall at 98320, rebounded at 94270, resulting in over 4000 USD space for shorts and over 3500 USD space for longs, with a total of over 7000 USD space, suitable for short-term trading. The long at 3539 for Ethereum, with the market rebounding at 3515, resulting in around 150 USD space. The strategy was precisely executed and perfectly fulfilled.
Bitcoin Technical Analysis ————
On the daily chart, Bitcoin shows a double bottom candlestick pattern, with a rebound towards the opening of the day. The Bollinger Bands are narrowing, and the market is testing the middle band with the MACD fast and slow lines crossing downwards, volume bars expanding, and KDJ showing signs of heading downwards. The VR indicator is consolidating around the value of 130. On the 4-hour chart, the market once again tested the lower bounds last night and bounced back below the 60-day moving average. The middle band and the 60-day moving average form short-term resistance. The Bollinger Bands are slightly opening downwards, and the MACD fast and slow lines are turning upwards below the zero axis, while volume bars are continuously contracting, and KDJ crosses upwards, extending attention to the resistance near the value of 100, with the VR indicator consolidating around the value of 140. Overall, Yueying believes that after the market dips, it has returned to yesterday's price range, so we still need to pay attention to the resistance around the 60-day average and middle band on the 4-hour chart. If it breaks through, it will continue to test towards 100000; otherwise, it will oscillate downwards and continue to adjust in the range. The CPI data will be released in the evening, so pay attention to short-term fluctuations and risk control. See short-term suggestions.
Bitcoin Short-term Suggestion: Short at 100500, Long at 95800 (profit will be grasped by oneself once the strategy is activated)
Ethereum Technical Analysis ————
For Ethereum, there have been 2 attempts to test the bottom, but it did not break the support of 3500 given by Yueying yesterday. Currently, the market is rebounding upwards, so the viewpoint from yesterday is maintained. The upper resistance line is around 3860; see short-term suggestions.
Ethereum Short-term Suggestion: Short at 3815, Long at 3588 (profit will be grasped by oneself once the strategy is activated)
—— I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! Let's share and profit together! $BTC