11.13 Wednesday, Morning Analysis of Bitcoin and Ethereum, Operational Strategy!
When facing setbacks, you must understand that the beginning of an upward trend often extends from a certain point located at a low, because many times, only when there is no way back will there be a way forward.
From the one-hour K-line of Bitcoin, the price yesterday moved from the upper Bollinger Band to near the lower Bollinger Band and found support, starting a rebound, but it peaked at the resistance line of 89888 points, then it began to move down again from the upper Bollinger Band, and is now above the middle Bollinger Band, showing a bearish trend. The MACD lines are moving forward, but after a pullback, although there is a slight upward adjustment trend, the overall momentum is still primarily bearish, and the bearish momentum is gradually increasing. The KDJ three lines are encountering resistance while moving upwards and are starting to move downwards, indicating a bearish trend, and a golden cross is about to appear! The morning trend is still primarily focused on short positions.
11.13 Wednesday Morning Operational Strategy:
Bitcoin, short between 88000 to 88500, target towards 86000, with a stop loss at 89000.
Ethereum, short between 3280 to 3300, target towards 3100, with a stop loss at 3350.
Strategies have a time-sensitive nature; for more guidance, stay tuned for more exciting insights. If you are unsure about the direction, please be cautious. $BTC $ETH $SOL #DOGE看涨情绪飙升 #BTC何时破9万? #比特币搜索热度攀升 #牛回速归,晒晒你的持仓? #币安将上市ACT、PNUT