Weekly chart as expected closed with a doji; longs made profits, remain bullish intraday! 12.8 BTC & ETH Strategy



The weekly chart closed with another doji as expected. Last night’s long strategy was profitable! For those who followed, you can move your stop-loss to lock in profits! If you missed the entry, look to buy on the next pullback!

12.8 Long Strategy:

BTC: Buy on pullback to 89,500-90,000; for conservative entries, enter at 88,500-89,000. Stop-loss around 87,500. Target 91,000-92,000; if it breaks out, look for 93,000-94,000. Keep moving your stop-loss to secure profits as price moves up!

ETH: Buy on pullback to 2,970-3,000; for conservative entries, enter at 2,900-2,930. Stop-loss around 2,850. Target 3,050-3,100; if it breaks out, look for 3,150-3,200-3,250. Continue to adjust stop-loss to secure profits as price moves up!

12.8 Short Strategy:

BTC: Short on rebound to 94,000-94,500. Stop-loss around 95,500. Target 93,000-92,000. If it breaks lower, look for 91,000-90,500-90,000. Keep moving your stop-loss to secure profits as price drops!

ETH: Short on rebound to 3,230-3,250. Stop-loss around 3,280. Target 3,200-3,150. If it breaks lower, look for 3,100-3,070-3,050. Continue to adjust stop-loss to secure profits as price drops!

Yesterday’s quick wick down liquidated many large positions. The sharp rebound after the wick was clearly a liquidation sweep, so remain bullish intraday. If you missed the entry, look to buy on the next pullback. If you’re already in, move your stop-loss to lock in profits! #成长值抽奖赢iPhone17和周边
ETH6.46%
BTC2.38%
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ConanTrendIsKingvip
· 12-08 01:46
You can also take profits on long positions first and wait for a pullback to re-enter. The current market is forming a bottom with sharp wicks, so be cautious about panic selling!
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