Work hard just to get ahead

11.7 Mainstream Coins

The dual competition between technology and news, and the realistic game between profit and risk are all normal phenomena that trigger contradictions in the financial market. Sometimes, seemingly unreasonable range operation may be the basis for expanding profits, and sometimes clear technical and news support is a precursor to the coming of risks. Therefore, it is understandable that there is no 100% certainty in the trading process. Although the market is running up and down every day, it is impossible to have big ups and downs every day, because the long and short sides of the market need to brew while competing, so we cannot subjectively recognize the market. A mature and good trading mentality is practical at all times.

Bitcoin has broken through a new high again, and the market has also broken through the 76,000 mark. First of all, let's look at the price trend. The current market K-line pattern has an obvious upward trend, especially yesterday when the King of Understanding came to power and there was a sharp rise. In the 4-hour cycle, the K-line closed at a high level many times, showing the strong characteristics of the market. The technical indicator MACD continued to be positive and gradually increased in the 4-hour cycle, indicating that the current upward momentum is strong. Both DIF and DEA diverge upward

From the four-hour chart, after the trend was under pressure at the new high of 76400, the short-term trend entered a high-level oscillation and consolidation rhythm, but the price did not further break through the 76400 first-line pressure, and the subsequent long supply was insufficient. If the trend fails to break through, it is expected that the price will continue to consolidate at a high level. The overall trend of Bitcoin remains unchanged, but after the current high, the price has not adjusted significantly. The market is expected to oscillate upward and break through, and the market is in a correction and consolidation stage in the short term

BTC 74000-74300 range long 73400 to make up long defense 73200 target 76300

ETH 2770-2790 range long defense 2730 target 70-100 points

All specific ideas are based on real trading! #美国大选后涨或跌？