Li Shengting: 11.11 Bitcoin/Ethereum evening market analysis and operating ideas
Today's weekly closing update, from the daily technical indicators, there is a huge technical gap between the currency price and the MA5 daily moving average. Bitcoin has a gap of about 8,000 dollars, and Ethereum has a gap of 300 dollars. At the same time, the BOLL technical indicator currently has a gap between Bitcoin and Ethereum has obviously broken its position, so this week's downward adjustment is inevitable. From a technical point of view, both Bitcoin and Ethereum showed a retracement sentiment in the early morning, and there were pins, which shows from the side that short-term bulls have already risen. It has stopped moving. At the same time, this round of pin insertion in the evening is also for the dealer to test the support level below.
From the perspective of daily technical indicators, KDJ technical indicators, MACD technical indicators and BOLL technical indicators are all in the resonance rising stage. The MA three-day moving averages also continue to rise in sequence, but from the perspective of VOL trading volume, they are significantly weaker than last week. , as for the current high volume, there is a high probability that it will become negative this week. It is only a matter of time before the negative trend weakens. After all, bookmakers also need to sell high and buy low.
Judging from the 4-hour technical indicators, KDJ technical indicators show overbought sentiment, BOLL and MACD continue to strengthen unilaterally, and trading volume is currently gradually shrinking. This also means that the short-term high point is basically determined, but everyone pays attention to the big news. The TD indicators of Pie and Ethereum have already shown green TD13 and green TD9, so from a technical perspective, we will continue to look at retracement adjustments (and there will be a strong callback sentiment this week).
Ethereum: Short positions near 3170-3215, stop loss: 3275, target: 3140-3060
Bitcoin: Short positions near 81900-82500. Stop loss: 83300. Target: 80500-78600#牛回速归，晒晒你的持仓？ #BTC $ETH
