December 18 Evening Bitcoin and Ethereum Trading Suggestions and Directions
During volatile market conditions, do not rush; keep changing your thinking, as there are opportunities to be found. In the afternoon, openly share your ideas: buy on dips within the range. Some small profits have already been taken, and positions have been exited. In choppy markets, when market sentiment is low, do not rush; everything is on the way.
From the current market view, the 4-hour chart shows a slow upward development from a震荡 (consolidation) pattern. Tonight, it started from a low point around 85,800 and is gradually rising, currently around 86,700. Throughout the afternoon, it has been oscillating within a narrow range for correction. The three moving averages continue to decline, indicating a short-term correction trend.
On the 1-hour chart, the market is dominated by碎阴碎阳 (mixed bearish and bullish signals), with clear range-bound characteristics. From technical indicators: KDJ: J value at 92.9, above 80, entering overbought territory, indicating a short-term correction is needed. MACD: fast and slow lines below zero, DIF crossing above DEA to form a golden cross, green energy bars showing increased volume, with signs of a rebound. Overall, the short-term trend is developing into a slow upward pattern. Therefore, tonight’s strategy is to continue with the afternoon approach: mainly buy low and sell high. Currently, you can buy on dips within the rebound trend range.
For Bitcoin, buy near 86,800 to 86,300, watch for 88,000. For Ethereum, buy near 2,840 to 2,830, watch for 2,950.
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December 18 Evening Bitcoin and Ethereum Trading Suggestions and Directions
During volatile market conditions, do not rush; keep changing your thinking, as there are opportunities to be found. In the afternoon, openly share your ideas: buy on dips within the range. Some small profits have already been taken, and positions have been exited. In choppy markets, when market sentiment is low, do not rush; everything is on the way.
From the current market view, the 4-hour chart shows a slow upward development from a震荡 (consolidation) pattern. Tonight, it started from a low point around 85,800 and is gradually rising, currently around 86,700. Throughout the afternoon, it has been oscillating within a narrow range for correction. The three moving averages continue to decline, indicating a short-term correction trend.
On the 1-hour chart, the market is dominated by碎阴碎阳 (mixed bearish and bullish signals), with clear range-bound characteristics. From technical indicators: KDJ: J value at 92.9, above 80, entering overbought territory, indicating a short-term correction is needed. MACD: fast and slow lines below zero, DIF crossing above DEA to form a golden cross, green energy bars showing increased volume, with signs of a rebound. Overall, the short-term trend is developing into a slow upward pattern. Therefore, tonight’s strategy is to continue with the afternoon approach: mainly buy low and sell high. Currently, you can buy on dips within the rebound trend range.
For Bitcoin, buy near 86,800 to 86,300, watch for 88,000.
For Ethereum, buy near 2,840 to 2,830, watch for 2,950.