Two days ago when BTC rushed to 94,500, I consecutively called on everyone for two days not to get caught up and chase longs, and clearly stated that both needed to pull back.
As expected, after these two days of downward adjustment, prices have basically fallen to the bottom now!
Looking at the four-hour chart: The price is firmly supported on the Bollinger Band's lower band with strong support; the KDJ indicator has already fallen into the oversold zone long ago, and now has turned upward with the J line about to cross the K and D lines to form a golden cross; the MACD red column is also slowly shrinking, and the bulls are about to launch a strong counterattack soon!
Personal trading suggestions
BTC can buy on dips in the 90,700-89,500 range, targets first look at 92,000-93,000
ETH can buy on dips in the 3,140-3,100 range, targets first look at 3,200-3,250 $BTC $ETH
January 8th BTC/ETH Trading Ideas
Two days ago when BTC rushed to 94,500, I consecutively called on everyone for two days not to get caught up and chase longs, and clearly stated that both needed to pull back.
As expected, after these two days of downward adjustment, prices have basically fallen to the bottom now!
Looking at the four-hour chart: The price is firmly supported on the Bollinger Band's lower band with strong support; the KDJ indicator has already fallen into the oversold zone long ago, and now has turned upward with the J line about to cross the K and D lines to form a golden cross; the MACD red column is also slowly shrinking, and the bulls are about to launch a strong counterattack soon!
Personal trading suggestions
BTC can buy on dips in the 90,700-89,500 range, targets first look at 92,000-93,000
ETH can buy on dips in the 3,140-3,100 range, targets first look at 3,200-3,250
$BTC $ETH