Li Shengting: 11.16 Bitcoin/Ethereum midday market analysis and operation ideas
The price of Bitcoin/Ethereum fell to around 87770/3016 respectively early this morning. Bulls began to increase the volume and make adjustments. At noon today, it rose to around 91800/3166. Judging from the daily technical indicators, the price of the currency above is still under pressure. KDJ technical indicators and MACD technical indicators are in a state of oscillation and flattening, and BOLL technical indicators are running near the mid-track area. At present, the high point of Bitcoin is still around 93,000, and Ethereum is at 3449. Bulls have not been able to break through this in the short term. If the price is within the range, the currency price will still follow the trend. Looking at the current situation, Bitcoin and Ethereum are still in box shock, and there will be no strong fluctuations this week.
From the perspective of 4-hour technical indicators, KDJ technical indicators and MACD technical indicators are both in the bullish volume stage, BOLL technical indicators are running in the mid-track area, MA5 daily moving average continues to strengthen, and VOL technical indicators continue to increase. In the short term, Look, but the currency price is still under pressure on the MA30 daily moving average above, so the trading idea remains unchanged tonight, and it is recommended to focus on high altitude.
Ethereum: Short positions in the area around 3120-3160, stop loss: 3197, target: 3050-3010
Bitcoin: Short positions in the area around 91400-92300. Stop loss: 93000. Target: 89800-87600#BTC冲破9万 #BTC连续破新高，你看到多少？ $ETH $BTC