2024.12.20.BTC.ETH.BNB.SOL.DOGE intraday market analysis
Good afternoon, brothers. Last night's drop was smooth, right? The resistance level has you on board, and the support level has you on board again. The second support level of 95696 was accurately tested, and holding it now has yielded over two thousand points in profit. What skills are needed for left-side trading? When the price reaches the level, just hit it and go. Isn’t intraday trading just shorting when it goes up and going long when it goes down?
BTC
The Bitcoin daily chart has started to pull back. Currently, it is just a rebound after testing the second support level. The resistance for the upward rebound is: 98800, 100000, 101812. At least the daily price must break through 101812 for a chance at a second high; otherwise, please give up your fantasies. If the rebound cannot surpass the three resistance levels above, it will continue to test downwards. The support below is 94137, 90282, 85589. You may wait for long positions near 85589.
ETH
Ethereum daily chart confirms a pullback trend. Last night, after testing the second support near 3350, it started to rebound, making a profit of seventy or eighty points is not a problem. The resistance for the upward rebound is 3511, 3600, 3677. If it cannot break through, it will continue to test downwards with support levels at 3323, 3260, 3183. If it breaks, watch for 3038.
SOL
SOL tested the second support level and started to rebound. The resistance for the upward rebound is: 199, 204, 211. If the hourly close falls below 195 again, the small rebound ends; pay attention to the second test of support: 185, 176, 168.
BNB
BNB also accurately rebounded after testing the second support level, at 686, 704. If the hourly close falls below 668 again, this rebound will end. Watch for the support below: 647, 624, 600.
DOGE
Dogecoin's support at 0.3 is solid, right? The resistance for the upward rebound is 0.334, 0.348, 0.368. If the hourly close falls below 0.318 again, the small rebound ends. Pay attention to the second test of support: 0.3, 0.273, 0.22
