Pancake Morning Analysis.

From the hourly chart, Pancake has stopped falling around 90800, and the overall market is relatively good. On the afternoon of the 11.25, Pancake showed a top divergence and then quickly dropped, giving no opportunity at all. It only stabilized last night. Through this round of washing, I personally feel it is still beneficial. As mentioned yesterday, if Pancake continues to hover between 99k-98k, then that would be a big problem. After rising for so long, if it can still hold, the consequences can be imagined.

Through this wave of adjustment, the main force has also accumulated enough chips. I personally feel that after Thanksgiving, there will be a wave of upward momentum, and breaking through 100k is not a problem. Pancake is different from other coins. Last night I reviewed the Pancake analysis, and rare items are valuable, and I personally see a good development prospect for blockchain.

Yesterday I shared a short position at 94500, with a take profit at 91500, and everyone has made some gains, right? That's a gain of 2000 points. The position was really well placed. It rose to 94700 and then dropped all the way to 90800. The position I provided was just right in this range, so if you set good take profit and stop loss, you will definitely not lose.

If anyone still wants to trade, please give a thumbs up in the comments section, and if there is a suitable position later, I will notify everyone! #比特币盘整分析