Morning market analysis and trading suggestions for September 19 (Friday)


1. Bitcoin (BTC)
Key levels: Support level 116500, Resistance level 118000
Technical signals: Hourly chart shows signs of rebound momentum (MACD and KDJ resonance improving); Daily chart is still near the lower boundary of the ascending channel.
Fundamentals: Institutions have a long-term bullish outlook of $135,000 to $199,000. After a rise on September 14 due to expectations of interest rate cuts, it has retreated.
2. Ethereum (ETH)
Key points: Support level 4500, Resistance level 4650
Technical signal: Hourly line rebound momentum increases; daily line approaches the upper edge of the channel.
Fundamentals: Institutional funds continue to flow in, the Dencun upgrade provides positive support, and in the short term, it is anchored in the range of 4000-4800.
Specific operational suggestions
BTC Long Strategy: Enter around 116500, target 117500-118000, stop loss at 115800
ETH Long Position Strategy: Enter around 4550, target 4650, stop loss 4500
BTC0,29%
ETH0,95%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)