BTC: Current price 85,410.4, down 0.92% intraday ETH: Current price 2,824.88, up 0.26% intraday
On the four-hour chart, the market experienced a large downward move, touching the lower Bollinger Band and then stopping the decline. It is now oscillating above the lower Bollinger Band. The Bollinger Bands are expanding, and volatility is at its peak. The trend has not broken! The market is gathering strength, the bulls are not exhausted. Using time to gain space and solidify the bottom, a pullback and stabilization are building momentum for a rally. This morning, decisively favoring long positions on dips!
Bitcoin Trading: Buy in the 84,500-85,000 range, target 86,500-87,000 Ethereum Trading: Buy in the 2,770-2,800 range, target near 2,900
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12.19 Morning Trading Recommendations
BTC: Current price 85,410.4, down 0.92% intraday
ETH: Current price 2,824.88, up 0.26% intraday
On the four-hour chart, the market experienced a large downward move, touching the lower Bollinger Band and then stopping the decline. It is now oscillating above the lower Bollinger Band. The Bollinger Bands are expanding, and volatility is at its peak. The trend has not broken! The market is gathering strength, the bulls are not exhausted. Using time to gain space and solidify the bottom, a pullback and stabilization are building momentum for a rally. This morning, decisively favoring long positions on dips!
Bitcoin Trading: Buy in the 84,500-85,000 range, target 86,500-87,000
Ethereum Trading: Buy in the 2,770-2,800 range, target near 2,900