December 11 BTC Trading Strategy
From the current market, we can see that BTC has confirmed a drop below the mid-level of 97000, but subsequently, there were two bullish candles on the 4-hour chart that rebounded. Currently, the bullish momentum at the hourly level is still maintaining an increase in volume, with short-term resistance at 98600 and 99500. For intraday trading, we can follow the trend.
Intraday trading suggestions:
Enter long in the 96800-97000 range and add at 96500. The targets are initially set at 98500 and 99500. If we encounter resistance at either of these two levels, we can exit and take a short position to profit from the pullback.
