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Mu Feng Analyzes Trends: 3.12 Bitcoin/Ethereum Intraday Market Analysis with Trading Suggestions
Daily Chart Level: KDJ and MACD oscillate upward, price stays above the BOLL middle band, with the entire band slightly trending upward; MA moving averages are converging and rising together, with the price closing above the moving averages, indicating a bullish outlook for intraday buying and a slight upward oscillation.
12-Hour Chart Level: Indicators are moving sideways with consolidation, price hugging the BOLL middle band, with the band slightly trending upward; MA5 and MA30 are resonating and rising together, maintaining a short-term upward oscillation.
Overall Forecast: Intraday sideways consolidation with an upward trend, mainly looking for pullbacks to buy.
Trading Suggestions
BTC: Buy around 69500-69000, target 71500
ETH: Buy around 2030-2000, target 2100
⚠️ Note: Personal suggestions are for reference only. Market conditions change rapidly, and there may be delays in the analysis. Please follow real-time guidance for specific actions. #Gate蓝龙虾重磅上线