Zhou Yanling: 12.18 Bitcoin BTC and Ethereum ETH Latest Trend Prediction Analysis and Trading Strategy
All the rapid fluctuations you see now, whether they rise first and then fall, or fall first and then rise, there is no need to ask for the reason or to know the reason. The recent market is clearly a process of significant ups and downs. Last night's market was the same; the fluctuations were quick, but the highs and lows were within Yanling's expected range (for details, please refer to my analysis article from yesterday, 12.17). I believe fans who followed Yanling's strategy yesterday should have had a good harvest. In fact, you could say that the recent market has a considerable gambling element; it doesn't matter whether you are bullish or bearish, as long as you have strong risk awareness. However, if you are impatient when entering trades, it is easy to be frequently liquidated, which naturally affects your mood. Yet, those who do not implement risk control can often hold on and come back, which indeed seems contradictory. If you look at these two aspects together, the ultimate issue is still about entering the market. As long as you are not impatient and manage your risks well, you can still play it very well.
Now let's continue to look at the upcoming technical analysis. The daily chart for Bitcoin shows that after significant fluctuations, the price is gradually narrowing. On December 17, a long lower shadow appeared, indicating strong buying support at lower levels. On the hourly chart, the current candlestick is in a state of consolidation, with relatively balanced bullish and bearish forces in the short term. The technical indicator MACD on the hourly chart is below the zero line, but the distance between DIF and DEA is narrowing, and the green bars are weakening, indicating a potential golden cross; the daily MACD is still in a death cross, with a weak trend. The hourly RSI is close to the 50 level, showing neutral market sentiment; the daily RSI has rebounded from the oversold area to around 44, with limited rebound strength. The hourly EMA7 and EMA30 are converging, indicating a short-term stalemate between bullish and bearish directions; the daily EMA7 has crossed below EMA30, and the overall trend remains bearish. Key support to watch on the downside today is around 85000; if it does not break below, we can continue to look for long positions in this area.
Zhou Yanling's 12.18 Bitcoin Trading Strategy:
Long at 85400-86200, stop loss below 84400, target 88000-89000
Short at 89000-88000, stop loss above 90000, target 86300-85500
Zhou Yanling's 12.18 Ethereum Trading Strategy:
Short at 2890-2850, stop loss above 2940, target 2770-2730
Long at 2730-2770, stop loss below 2680, target 2840-2880
【The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication may have delays, and the strategies may not be timely. Specific operations should follow Yanling's real-time strategies.】
The content of this article is exclusively shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). The author has been engaged in market investment research in the cryptocurrency space for over ten years, currently mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contract/spot operations. He has a solid theoretical foundation and practical experience, excels in combining technical and news-based operations, focuses on capital management and risk control, and is recognized by many investment friends for his steady and decisive trading style, along with his easygoing and responsible character.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
