Crypto Market Early Events 🥇🥇🥇 2024-12-13
Bitcoin and Ethereum trend analysis, wealth codes, long and short ambush points…
BTC 4-Hour Candlestick Trend:
Resistance Level: Around 102279 to 104437
Support Level: Around 99255 to 100516
ETH 4-Hour Candlestick Trend:
Resistance Level: Around 3907 to 3960
Support Level: Around 3785 to 3851
Technical Analysis:
1. Bitcoin's 4-hour cycle candlestick shows a volume decrease while rising, in a wedge upward space channel with fluctuations; please pay attention to the neckline resistance level around 102279;
2. Bitcoin's indicators for 1 hour and above show a bullish trend; short-term operations should buy on dips 💹;
3. Bitcoin's 4-hour and above KDJ indicators are running above 50 (anti-fall), and the 4-hour MACD indicator's fast and slow lines are above the 0 axis (bullish trend); however, the 2-hour MACD indicator shows a lack of root water pattern, indicating a temporary price pullback is needed. Short-term operational strategy should buy on lows; once a double bottom pattern or bottom divergence pattern occurs in the small cycles of 15 minutes or 30 minutes candlestick, that will be the best opportunity to enter long positions 🥰 (please set stop losses, buckle your seatbelt, and take precautions with three measures to resolve positions) {Contract Thinking};
Short-term operational thinking: A price pullback to the important support levels marked above can allow for light-position long orders layout {Spot Thinking};
Investment has risks, and entering the market requires caution; the above analysis is for reference only! Everyone can also make corresponding layouts in altcoins based on Bitcoin's correlation effect!
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