Mu Feng looks at the trend: Interpretation of the intraday performance of the market on 12/13 and operational ideas.

CN
1 month ago

From the daily perspective of Bitcoin/Ethereum, the current KDJ and BOLL are overall resonating upwards. The main chart's MA30 moving average continues to strengthen with little change, while the MA10 moving average has shown a clear bullish sentiment today. At the same time, the price is steadily above the MA10 moving average and has generated a new round of green TD1 bullish signals. On the 12-hour level, the KDJ has formed a golden cross, and BOLL is moving similarly to the daily chart. The main chart's MA5 and MA30 moving averages are resonating upwards, and the TD aspect shows a continuous arrangement of green TD4 bullish signals. Therefore, for intraday short-term trading, it is recommended to mainly look for buying opportunities on pullbacks. Specific points of reference are as follows:

BTC: Buy around 99000-98000, target 101000

ETH: Buy around 3850-3800, target 3950

The above is my personal analysis of the intraday market. First published on "Public Account: Mu Feng Looks at Trends." Welcome to exchange and learn together!

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