Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so don’t rush into it. Even if there is a loss in the short term, there is nothing to be afraid of. As long as the subsequent direction is chosen correctly, what has passed away will eventually return again. However, you must pay attention to the timing of making orders and the current market trends, so that the winning rate will increase. At the same time, investment is also a process of growth. Mr. Coin recommends that all coin friends should learn while operating, and make timely self-summaries of profits and losses, deepen their understanding of risks, and have the correct mentality planning, so that they can reasonably avoid risks and become a qualified investor.
Mr. Coin in the Coin Circle: 11.14 Bitcoin (BTC) market analysis reference
Bitcoin bulls have been strong during the day, and the current price has broken through the 90,000 mark as expected, and the upward track is relatively good. The market is slowly testing upward. Although there was a deep correction after yesterday's new high, the subsequent repair strength was strong, and the overall upward trend has not changed. The trend continued to rise from the afternoon to the evening of the day, and the price climbed again to a new historical high. The current market has risen to around 93430 as expected. The bullish sentiment is strong, and the price has a further upward trend during the day.
From the daily chart, the lows are constantly moving up, and the recent K-line shows a clear upward trend, especially between November 11 and 13, when the price quickly rose from around 80,370 to above 92,000. At present, the market continues to rise, and all moving averages maintain an upward trend, and the upper track is relatively good. If the price further tests and breaks through the 95,000 line, the intraday market may continue to attack the 100,000 area. The overall market remains in a high area, and the 100,000 mark is not far away. For intraday operations, it is recommended that all coin friends follow the trend and place long orders.
From the short-term hourly chart, the Bollinger Bands continue to open upwards. In the 4-hour cycle, both DIF and DEA are positive and continue to rise. The MACD histogram also shows a bullish arrangement, showing strong upward momentum. After reaching the high near 93430, there was a slight correction, and the market fell back to around 92000. If the price can stabilize above 90,000, once the market hits a new high, the increase will continue. On the contrary, if it cannot stabilize, the market will retreat to test the support below, so it is recommended to mainly pull back to long orders.
11.14 Bitcoin short-term reference:
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Long order, long in the range of 90800-91300, defense at 89500, stop loss at 88800, target above 93000,
For short orders, try shorting with a light position in the range of 94500-95000, target 500-1000 points, stop loss 500 points,
11.14 Ethereum short-term reference:
Long order: 3241-3200 range, defense 3100, stop loss: 3080 target above 3300,
There is a delay in sending the chapter. The strategy suggestions are for reference only. The market changes rapidly. No matter how good your judgment of the market is, you must take the stop profit and stop loss well and put the profit in the bag.
For more real-time orders every day, you can follow my public account and get my name. You can learn online trading techniques, get out of the market, etc. I have been studying the market for many years, studying the general trend of the currency circle, and studying in the United States for many times. I mainly analyze and guide BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other currencies. For those who don’t know how to operate, welcome to study together.
The content of this article is exclusively shared by Mr. Bi in the currency circle. It only represents Mr. Bi's exclusive views. There is a delay in sending the article. Risks are borne by the user. When placing orders, control the positions reasonably. Do not operate with heavy or full positions. Mr. Bi hopes that all fans and friends can achieve financial freedom, move forward together, and cheer together. Deep in time, hold a light understanding. You must learn to be optimistic in investment. Don't let your future self hate your present self. We live in reality, but not every data is revealed. Let the past be the past, and let the future come quickly! Rest yourself, sharpen your weapons, and be ready to go at any time. Come on!
——This article was written by Mr. Coin from the Coin Circle. Please refuse to plagiarize and respect the originality!
