Research report on November 15
Market review
Yesterday's research report mentioned that Bitcoin should focus on the pressure of 92,000. In fact, it started to fall from the highest point of 91,800 yesterday, and the lowest point reached 86,666 points, close to the previously mentioned 86,500 defense level. Ethereum focuses on the pressure of 3250 on the upper side, rebounding to 3240 at the highest point, and fell below the important defense line of 3120 in the evening.
Technical aspect
BTC:
- At the daily level, yesterday, a real big negative line was closed. The US trading session did not rise as usual, but expanded the decline. In the morning, it stopped falling near 86,500 points and rebounded slightly. From the 4-hour line level, it showed a small-level oscillating downward trend after setting a new high. The market trend in the past three days shows that the 86,000 line is more critical as the bottom support level. Once it falls below, the big cake is likely to make a phased correction in the short term. The bottom position of the correction will first look at 80,000, and then look at around 76,000. It is recommended that intraday operations are mainly high-altitude. Pay attention to the pressure of 88850-89850 on the top and the support of 86650-85650 on the bottom.
ETH:
- At the daily level, there were up and down pins in the previous two days. Yesterday, a large real negative line was closed, breaking the bottom of the box oscillation at 3100, which means that the short-term downward channel has been opened. From the 4-hour line level trend, the small-cycle oscillation downward channel has been formed, and the K-line shows an overall oscillating downward trend. Intraday operations are also mainly high-altitude. Pay attention to the pressure of 3130-3180 on the top, and be careful of pins near 3210. Pay attention to the 3000 mark on the bottom. The short-term target can be seen near 2800 points.
Shanzhai Analysis
In the past two days, most Shanzhai coins have a large correction, about 15%, but Ripple (XRP) has risen by 15% against the trend, continuing to set a recent high. It was mentioned earlier that half of the profit of altcoins can be taken. As far as the current situation is concerned, the remaining half can also be taken out first, and wait and see, and consider entering the market after this round of market adjustment is over. #BTC00929
It should be noted that the currency market fluctuates greatly, so be cautious when entering the market. The above is only a personal opinion, not an investment advice, and is only for sharing and communication.
