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: 11.18 Bitcoin (BTC) market analysis reference
After Bitcoin retreated to the 88,700 support level again at a low level, the current sentiment has slightly improved, and the trend has rebounded back above the 90,000 position. The market has repaired and formed a range. The focus will be on the stabilization of 90,000 in the future. If the rebound begins to lose strength and the upward movement fails to stabilize in this area, it means that the downward correction will start again, and the market is expected to fall below the previous support line. The short-term market rebounded and entered a consolidation period. The idea is to maintain high altitude and low long positions.
11.18 Bitcoin short-term reference:
Long order, long in the range of 87000-8400, defense at 86000, stop loss at 85800, target above 89000,
Short order, short in the range of 91500-91000, target 500-800 points, defense 95000, stop loss 300
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.
11.18 Coin Circle Mr. Coin: Ethereum (ETH) market analysis reference
Ethereum has not broken the 3250 resistance, and the market has entered a consolidation period with a small correction under pressure. The current trend is fluctuating around 3100. The short-term market is volatile. There is no obvious sign of a breakout. It is expected that the volatility will continue for a while. In the short term, you can seize a wave of range gains. Conservative friends can wait for it to fall below 3000 and follow the trend to seize short-term gains.
From the current trend, we can see that the overall market is still maintaining a wide range of fluctuations, the price is fluctuating up and down repeatedly, and the short-term strength is relatively strong, so everyone must control the risk before entering the market, remember to operate with a light position, pay attention to timely grasp the benefits, and do not blindly follow up without breaking through key support or resistance. You can ask me any questions at any time, and you can also contact Mr. Coin at any time if you need analysis of other currencies.
For more real-time single strategies, online technical learning, and unwinding strategies, please follow the instructor’s official account (Mr. Coin in the Coin Circle). How to add: The top ten people every day can get free unwinding strategies.
11.18 Ethereum short-term reference:
Short order: 3240-3200 short, defense 3380 cover, stop loss: 3400 target below 3150,
For long orders, focus on the 2900-2960 range, stop loss 50 points, and target above 3060.
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!
