The dip-buying strategy updated at noon has once again accurately grasped the market. Bitcoin did not get picked up due to overly conservative levels, while Ethereum successfully entered, making a profit of 50-60 points, which is quite good for short-term trading. Congratulations to those who followed along.
Currently, after the midnight close, based on the 12-hour chart, Bitcoin has broken out and is running at the upper Bollinger band. The KDJ and MACD indicators show a bullish resonance upward trend, and the TD indicator has reached TD5. According to the current trend, as long as the K-line does not change its shape, the upward trend will not be broken.
On the 4-hour chart, the current coin price is operating at the upper band, and the Bollinger band is still in a breakout state. Additionally, there is a gap between the current coin price and the MA5-day moving average. It is expected that the trend in the early morning will first slightly correct before continuing to rise. Therefore, for the early morning market, my personal view is to follow the trend and maintain a strategy of buying on dips. Set a good stop-loss to avoid being controlled by market manipulators.
Trading Idea: 107500 - Buy more at 106500 - Target: 109500 - 111000 - Stop-loss: 106000
Ethereum's overall trend is currently basically in sync with Bitcoin, but the upward trend and momentum are somewhat weaker. Therefore, during the day, we should follow the trend and maintain a strategy of buying on dips.
Trading Idea: 2550 - Buy more at 2500 - Target: 2580 - 2650 - Stop-loss: 2480
For the short-term trend, it is expected to be sufficient, will continue to follow up later #BTC挑战11万大关 #BTC再创新高 #Strategy增持比特币
