Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so don’t rush into it. Even if there is a loss in the short term, there is nothing to be afraid of. As long as the subsequent direction is chosen correctly, what has passed away will eventually return again. However, you must pay attention to the timing of making orders and the current market trends, so that the winning rate will increase. At the same time, investment is also a process of growth. Mr. Coin recommends that all coin friends should learn while operating, and make timely self-summaries of profits and losses, deepen their understanding of risks, and have the correct mentality planning, so that they can reasonably avoid risks and become a qualified investor.
Mr. Coin in the Coin Circle: 11.17 Bitcoin (BTC) market analysis reference
Bitcoin continued to rebound yesterday, and the price remained above 90,000 during the day. The short-term trend showed a volatile upward trend, and it is now approaching yesterday's suppression area again.
From the four-hour chart, the current price of the currency is running above the central axis. In the 4-hour cycle, DIF and DEA are both negative and the MACD histogram shows a green column, but there are signs of shortening, the short-selling force has weakened, and there is a short-term rebound limit. The current price is above EMA7 and gradually approaching EMA30. If it can break through EMA30, it may further test higher resistance levels. You can take advantage of the trend to seize a short-term bullish trend.
11.17 Bitcoin short-term reference:
For more real-time single strategies, online technical learning, and unwinding strategies, please follow the instructor’s official account (Mr. Coin Circle) to get more information. How to add: The top ten people every day can get free unwinding strategies.
Long order, long in the range of 89900-90400, defense at 88000, stop loss at 87800, target above 91000,
Short order, short in the range of 93500-94000, target 500-800 points, defense 95000, stop loss 300
There is a delay in sending the chapter. The strategy suggestions are for reference only. The market changes rapidly. No matter how good your judgment of the market is, you must take the stop profit and stop loss well and put the profit in the bag.
11.17 Coin Circle Coin: Ethereum (ETH) market analysis reference
Ethereum rebounded after opening today. The current price is around 3170. The short-term trend is weaker than that of Bitcoin, and the upper resistance is slowly moving down. If the price cannot rebound and break through the short-term suppression of 3250 during the day, the market may still test the lower support.
In the four-hour chart, the Bollinger Bands are opening downwards, and the trend is running in the middle track area. The upward momentum has weakened. If the 3100 support is broken in the short term, the price has the risk of further retreating to the area below 3000. If it breaks, you can follow the trend and short. In the short term, the trend of Ethereum remains weak, and the upper focus is on the 3250 line. Before there is a breakthrough, it is recommended to maintain the rebound short position as the main one. If it falls below the short-term support, you can follow the trend.
From the current trend, we can see that the overall market is still maintaining a wide range of fluctuations, the price is fluctuating up and down repeatedly, and the short-term strength is relatively strong, so everyone must control the risk before entering the market, remember to operate with a light position, pay attention to timely grasp the benefits, and do not blindly follow up without breaking through key support or resistance. You can ask me any questions at any time, and you can also contact Mr. Coin at any time if you need analysis of other currencies.
11.17 Ethereum short-term reference:
For more real-time single strategies, online technical learning, and unwinding strategies, please follow the instructor’s official account (Mr. Coin Circle) to get more information. How to add: The top ten people every day can get free unwinding strategies.
Short order: 3240-3200 short, defense 3380 cover, stop loss: 3400 target below 3150,
For long orders, focus on the 2900-2960 range, stop loss 50 points, and target above 3060.
There is a delay in sending the chapter. The strategy suggestions are for reference only. The market changes rapidly. No matter how good your judgment of the market is, you must take the stop profit and stop loss well and put the profit in the bag.
For more real-time orders every day, you can follow my public account and get my name. You can learn online trading techniques, get out of the market, etc. I have been studying the market for many years, studying the general trend of the currency circle, and studying in the United States for many times. I mainly analyze and guide BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other currencies. For those who don’t know how to operate, welcome to study together.
The content of this article is exclusively shared by Mr. Bi in the currency circle. It only represents Mr. Bi's exclusive views. There is a delay in sending the article. Risks are borne by the user. When placing orders, control the positions reasonably. Do not operate with heavy or full positions. Mr. Bi hopes that all fans and friends can achieve financial freedom, move forward together, and cheer together. Deep in time, hold a light understanding. You must learn to be optimistic in investment. Don't let your future self hate your present self. We live in reality, but not every data is revealed. Let the past be the past, and let the future come quickly! Rest yourself, sharpen your weapons, and be ready to go at any time. Come on!
——This article was written by Mr. Coin from the Coin Circle. Please refuse to plagiarize and respect the originality!
