Analyst Chen Shu: 12.3 Bitcoin and Ethereum bulls break through and focus on the stability of the 9.4 breakthrough
Yesterday's midday article analysis gave a long strategy for Bitcoin at 8.6 and a long strategy for Ethereum at 2785. The long strategy was correct, successfully entering the market and making a profit of 3000/80. Congratulations to friends who followed the operation. From the daily chart of Bitcoin, yesterday closed with a large bullish candle, and the price directly broke through the MA5/10 daily moving averages. The key resistance level above 9.3 has now been broken. Pay attention to the pullback at 9.3; if it holds, we can follow up with the bullish breakout. The next resistance level to watch is the MA30 daily moving average at 9.43. On the 4-hour level, the short-term breakout is currently stable above the MA120 daily moving average at 90,000. The short-term is about to test the MA30 daily moving average at the 9.43 pressure level; pay attention to the stability of this level's breakout.
From the daily chart of Ethereum, yesterday also closed with a large bullish candle, and the price is currently stable above the MA5/10 daily moving averages. The resistance level above to focus on is the MA256 daily moving average at 3170. The intraday pressure level to pay attention to is this level; if it breaks through, we can continue to look for the next stage of the rise. Conversely, if the price rebounds and encounters resistance at the 3170 level, we will focus on the effective situation of the pullback at the 3000 support.
Midday operational thoughts (written time: 14:00):
BTC: 9.27 long, add positions at 9.15 for long, target 9.35/9.45; above 9.45/9.55 short for 1-3000 points
ETH: 3030 long, add positions at 2980 for long, target 3100/3060; above 3050/3100 short for 6-100 points
The daily analysis strategy has a very high winning rate! Analysis is not easy; I hope everyone clicks for a free follow, collection, like, and comment. Thank you all, and feel free to leave comments below; I will reply one by one $BTC
