Mu Feng looks at the trend: Interpretation of the intraday performance of the market on 12/17 and operational ideas.

CN
19 days ago

From a daily perspective, the current changes in technology are not significant. The mainstream support is very strong, with the MA30 and BOLL continuing to resonate upwards. The increase in MA30 has strengthened, and the BOLL upper band continues to widen. Looking at the 12-hour level, there is a rhythm change with a sticky upward turn in the middle of the MACD. Currently, the price of the coin continues to rise strongly towards the upper band. In the main chart, the MA three-day moving averages are in a bullish arrangement, which means that the short-term increase has not yet ended. The suggested trading strategy is still to buy on dips in batches. Specific points of reference are as follows:

BTC: Buy between 106200-105200, target 108200

ETH: Buy around 3970-3930, target 4070

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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