#以太坊行情技术解读 December 12th, Friday Morning Observation



Bitcoin on the hourly chart has shown quite a few interesting patterns. As soon as the US stock market opened, there was a sharp sell-off, dropping directly to around 89,200. As soon as that moment passed, the market started to recover, and prices rose to around 93,500. Currently, the coin price is fluctuating around 92,500, and it seems to be undecided about the next move. Ethereum is moving similarly, hovering around 3,230.

On the 4-hour chart, two consecutive bullish candles are firmly above the middle band, and the KDJ indicator has already formed a golden cross, which suggests some potential for further upside.

Short-term strategy: Bitcoin could look for opportunities in the 93,000-93,200 range. If it breaks below, the target could be 91,800. Ethereum can attempt around the 3,280-3,300 level, with support at approximately 3,150.
BTC-1.94%
ETH-3.63%
BNB0.73%
View Original
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)