December 19 Afternoon Bitcoin and Ethereum Trading Analysis
From the four-hour chart: Currently, the candlestick has formed three consecutive bullish candles, showing a clear upward trend. The three-line strike pattern has also changed accordingly, with the downward trend slowing down. The MACD indicator's double lines forming a golden cross below the zero line and the increasing histogram bars together indicate that this round of rally is not merely a technical rebound. Looking closely at the hourly chart's KDJ indicator, the J line has led the reversal in the overbought zone, and in the 15-minute chart, a death cross has formed at high levels. This upward movement may be nearing its end. For afternoon trading, it is recommended to buy on dips! Bitcoin can be bought within the 88000–88500 range, with a short-term target of 86500—if a valid breakout occurs, then look towards around 85000. Ethereum can be bought within the 2950–2980 range, with a short-term target of 2900—if a valid breakout occurs, then look towards around 2800. #2025Gate年度账单 #成长值抽奖赢金条和精美周边 #GateLaunchpadKDK认购上线
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.
December 19 Afternoon Bitcoin and Ethereum Trading Analysis
From the four-hour chart: Currently, the candlestick has formed three consecutive bullish candles, showing a clear upward trend. The three-line strike pattern has also changed accordingly, with the downward trend slowing down. The MACD indicator's double lines forming a golden cross below the zero line and the increasing histogram bars together indicate that this round of rally is not merely a technical rebound. Looking closely at the hourly chart's KDJ indicator, the J line has led the reversal in the overbought zone, and in the 15-minute chart, a death cross has formed at high levels. This upward movement may be nearing its end. For afternoon trading, it is recommended to buy on dips!
Bitcoin can be bought within the 88000–88500 range, with a short-term target of 86500—if a valid breakout occurs, then look towards around 85000.
Ethereum can be bought within the 2950–2980 range, with a short-term target of 2900—if a valid breakout occurs, then look towards around 2800.
#2025Gate年度账单 #成长值抽奖赢金条和精美周边 #GateLaunchpadKDK认购上线