Analyst Chen Shu: November 28 midday Bitcoin and Ethereum market strategy * No. 1, market continuity is poor, short-term wide fluctuations focus on the gains and losses around 9.5.
The midday analysis on November 27 provided a short position strategy, giving a 9.46/3500 short position plan. The midnight strategy suggested a short position at the Ethereum 3650 line, which rebounded to a maximum of 3680 before retreating to the current price of 3780, a 100-point pullback. After the current rebound, it has again fallen; please see the following analysis for operations.
From the daily chart of Bitcoin, yesterday closed with a large bullish red candle, breaking above the MA5/10 moving averages and forming an upper shadow. Intraday, a slight short-term pullback to the 9.5 level occurred; pay attention to whether the price can stabilize above the daily MA5/10 moving averages. On the 4-hour level, after piercing the MA30 moving average, the price fell back below the MA60 moving average. Watch whether it can hold the 9.5-9.55 price range, which is also supported by the 1-hour MA256 moving average. If it can hold above 9.5, it will still be treated as a bullish fluctuation; otherwise, it will show weak fluctuation adjustments, treating operations as wide fluctuations.
From the daily chart of Ethereum, yesterday closed with a large bullish candle probing the 3680 high point resistance. The daily line is far from the MA5/10 moving averages, pay attention to whether it will retrace and test the MA5 daily moving average (3470) support; on the 4-hour chart, yesterday continuously closed with bullish candles along the 4-hour MA5 moving average upwards. Currently, the price has fallen to the 5-day line; watch for whether it will break below this line and subsequently test the 3480 level.
Midday operation strategy (writing time: 14:30):
BTC: Short near 9.57/9.63, target below 9.4; light long at 9.4/9.32, target near 9.6
ETH: Buy near 3460/3430, target 3550; short position follows Bitcoin synchronously
The daily analysis strategy has a high win rate! Analysis is not easy; I hope everyone can give a free follow, collect, like, and comment. Thank you all, and feel free to leave comments below; I will respond to each one!
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