Zhou Yanling: 11.28 Bitcoin and Ethereum today's latest trend prediction analysis and trading strategy
Today, most of the bosses who shorted should have been swept, and many probably didn't expect the bulls to be so strong, but there's no point in regretting it. Whether it's the 90000 threshold or the support at this price level, one must make some attempts to gain experience. Everyone knows that a secondary bull market will come and is waiting for the opportunity to enter again, but the market makers aren't giving any chances to enter, and have quietly pushed it up suddenly. From last night to now, it has directly pulled back 5000 points, this operation is indeed impressive, and now many people are even more confused. Don't rush, there will be opportunities to layout later.
Currently, the market is still fluctuating within a large range, and the overall pattern has not changed significantly. From the daily chart, a large lower shadow was formed from Monday to Wednesday, indicating strong buying support at low levels. Looking at the 4-hour cycle, the MACD histogram has turned positive, and the DIF line is gradually approaching the DEA line, showing signs of increasing bullish momentum. The current RSI value is 53.7, which is in a neutral zone but has recovered compared to before, suggesting that market sentiment is improving. The short-term EMA(7) has crossed above the medium and long-term EMA(30) and is approaching EMA(120), indicating a short-term bullish trend. If EMA(7) continues to stay above EMA(30) and EMA(120), it will further confirm the upward trend. The trading volume has significantly increased during the recent pullback, accompanied by a price rebound, indicating that capital inflow has driven the price up, which also suggests that the overall market sentiment is still optimistic about the price increase. Therefore, in the medium to long term, the bullish pattern is still present; it just depends on whether you can withstand the test of pullbacks. For intraday short-term operations, continue to pay attention to the resistance strength at 96500 and 98500 above, and the support at 92500 and 90000 below. The market has been quite volatile recently, so everyone must ensure proper risk control measures during operations.
11.28 Bitcoin trading strategy:
1,96500-95900 short, stop loss above 97000, target 93600-93000, continue to look for breakdown near 91800
2,92800-93300 long, stop loss below 92200, target around 95000, continue to look for 96000 nearby
11.28 Ethereum trading strategy:
1,3630-3590 short, stop loss above 3670, target 3450-3400, continue to look for breakdown near 3310
2,3370-3410 long, stop loss below 3330, target 3560-3600-3640
【The above analysis and strategies are for reference only, please bear the risk yourself. The article review and publication may have delays, and specific operations should follow Yan Ling's real-time strategy】
This article is exclusively shared by senior analyst Zhou Yanling (WeChat public account: Zhou Yanling). The author has been engaged in financial market investment research for over ten years and mainly analyzes and guides BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. If you want to know more about real-time community guidance, rescue consultations, and learning trading skills, you can follow the teacher's public account: Zhou Yanling to find the teacher.
