Ethereum is bluffing, and Bitcoin is still going up! 11.11 Bitcoin Auntie Evening Market Analysis and Layout

The intraday currency price belongs to the consolidation market, and Ethereum belongs to the oscillating trend. The intraday long idea is perfectly in line with the market trend. When the currency price fell to 3100, I didn’t pay attention. I chased a wave of longs near 3160 and won 44 points. The intraday retracement of Bitcoin was not strong. It reached a new high again in the evening. The current highest reached 82500. The bulls are extremely strong!

From a technical perspective, the daily line rose by more than 13,000 points last week, and Ethereum also rose by more than 850 points. The bulls are extremely strong. The Bollinger Bands are opening and expanding. The currency price has broken through the upper track and is running above the upper track. The KDJ and MACD indicators in the attached figure are both golden crosses and diverge upward, and the volume is greatly increased. The bulls are extremely strong!

Under the influence of such a large positive news, shorting is against the trend, so Conan recommends that you take a small stop loss to gain space! Retracement to stop the decline is an opportunity to enter the market and go long! Market sentiment is high, and large institutions frequently enter the market to see new highs. We just need to follow the trend and take the chips!

11.11 Pie evening and the next morning operation ideas: retreat to 80600-81000 to enter the market and go long, defend around 80000, target 81500-82000-82500, break and hold to see 8300-84000

82700-83000 try to go short, defend 83400, target around 82500-82000-81500-81000

11.11 Ethereum evening and the next morning operation ideas: retreat 3100-31 Enter the market at 30 and go long, defend at 3050, target around 3180-3200-3250, break at 3300-3350-3400

Try to go short at 3250, defend at 40 points, target around 3200-3150

Whether it is a bull or a bear, as long as you grasp the timing of entry and exit, you can get your money back. The villa is close to the sea, so what we have to do is to follow the trend. Conan is in a very good state recently, going long and multiplying positions all the way. If you don’t understand and can’t choose the right position, you can follow the idea and rush together!