June 18 Market Analysis Strategy
From the 4-hour level, after the price dropped to the key low of 103300, a bullish candlestick pattern has stabilized and rebounded.
Bollinger Bands Indicator: The price has touched the lower band and received strong support, and is currently steadily moving towards the middle band.
A valid breakout of the middle band will be a key signal for opening further rebound space.
MACD Indicator: Bearish momentum (green bars) continues to decline. If a golden cross occurs subsequently and the green bars turn red, it will clearly confirm the momentum of the bullish trend reversal.
KDJ Indicator: The three lines formed a golden cross and are diverging upwards, clearly showing that short-term bullish strength is significantly accumulating.
Multiple indicators have shown resonating bullish signals, and a short-term rebound pattern is expected to extend.
The current focus is on the effective breakout of the middle band and the further confirmation of the upward trend by the MACD indicator.
Operation Suggestions:
Bitcoin: Buy near 105000, target around 106000.
Ethereum: Buy near 2520, target around 2600.