BTC Price Keeps Running above $19,000 again

 2020-12-15 07:21:51

From the 4-hour chart, the Bollinger Band runs upward and the K line runs near the upper rail of the Bollinger Channel. The MACD long energy column continues to shrink, the fast and slow lines run in parallel above the zero axis, and the KD lines cross downwards. The bulls have exerted their strength, and during the day, they will focus on the pressure level above the range of $19,400. If the accumulation stage can be broken, then a new round of upward trend is expected.


Action suggestions:

Fall back near $19,200-19,300, enter the market with buy/up orders, the target position is near $19,500-19,600, stop loss 100 points

Rebound near $19,600-19,700, enter the market with sell/down orders, the target position is near $19,300-19,400, stop loss 100 points

Tips: Quotes are time-sensitive, and please pay attention to take good risk control and make good use of "Take profit" and "Stop loss".

The technical analysis of cryptocurrencies in real time should be taken for informational purposes only, and in no case should it be taken as an investment signal.

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