12.5 BTC, ETH evening analysis: accurate grasp, early layout of mid-term long
The post on the 29th suggested that Auntie was bullish. Once the monthly resistance of 3830 is successfully broken, there is a lot of room. What do you think? A very perfect mid-term layout. The benefits of following my posts are good! There is no trend to refer to after the historical high above the big cake, so short-term orders are Auntie. The news focuses on the Federal Reserve’s interest rate decision on the 19th of this month. Another interest rate cut will trigger the market to move towards 110,000
From the 4-hour chart of ETH: indicators 1-3 diverge, callback to around 3500, and then hit the bottom and rebounded and encountered resistance at 3950. As long as this position is not broken, the bottom will probably callback to around 3855. The breakthrough here depends on the lowest point of 3725, which is the key support level of Fibonacci. Once the upper resistance is broken upward, it will directly look at the highest point of 4100. This position is near the high point in March and May this year, so it depends on which stage the market is in and find the key points to layout. In addition, pay attention to the closing line of MACD at 12:00 am. As long as the price does not break 4100, a top divergence will be formed, and the market will most likely pull back. So don't be carried away by the bull market, hold on to your chips, and find the right time to enter the market!
ETH evening strategy: 3840-3860 long, target around 3950!
BTC evening strategy: 100300-100800 long, target 103000!