New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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#BTC & ETH Predictions and Analysis
$BTC
Bullish Strategy
1. Entry Zone: If it falls to the 88,000-88,200 area and finds support, and a stable signal such as a bullish engulfing/hammer appears on the candlestick, you can start buying with a small position.
2. Add Position Zone: If it falls further to the 87,500-87,800 area and trading volume does not continue to decrease, you can add a buy position.
3. Targets:
- First target: 88,800. Once reached, reduce your position;
- Second target: 89,050. If it breaks through the psychological level of 90,000, after reaching it, you can hold your position for trading, and take profit on the remaining position.
4. Stop Loss: If the price falls through 87,000, immediately cut your losses and exit the market.
Bearish Strategy
1. Entry Zone: Rise to the 89050-89200 area and encounter resistance, and a bearish engulfing/shooting star candlestick appears. You can initiate a short position.
2. Increase Position Zone: If the price continues to rise to the 89500-89800 area and volume continues to decline, and if it fails to break through, you can add a short position.
3. Targets:
- First target: 88500. Once reached, reduce your position.
- Second target: 88000. If it falls through 87800, maintain your position for trading, and take profit on the remaining position.
4. Stop Loss: If the price rises through 90000, immediately cut your losses and exit the market.
$ETH
Bullish Strategy
1. Entry Zone: Fall to the 2980-2990 area and stabilize, and a stable candlestick signal appears. You can initiate a short position.
2. Add Position Zone: If it falls further to the 2960-2970 area and volume doesn't continue to rise, you can add a buy position.
3. Targets:
- First target: 3010. Once reached, reduce your position;
- Second target: 3025. If it breaks through, look at the 3050-3080 area. Once reached, you can hold your position for trading, and take profit on the remaining position.
4. Stop Loss: If the price falls through 2950 validly, immediately cut your losses and exit the market.
Bearish Strategy
1. Entry Zone: If it rises to the 3010-3020 area and encounters resistance, and a pressure signal appears on the candlestick, you can start selling with a small position.
2. Add Position Zone: If it continues to rise to the 3030-3040 area and volume decreases and fails to break through, you can add a sell position.
3. Targets:
- First target: 3000. Once reached, you can reduce your position;
- Second target: 2990. If it falls below 2970, keep your position open for trading. Take profit on the remaining position.
4. Stop-loss: If it rises above 3050, cut your losses and exit the market immediately.
For those of you still hesitant, join the chat room and find a captain. Live monitoring is available so you can eat right on target!
$BTC
$ETH