On November 12th, Tuesday, analysis of Bitcoin's evening trading strategy!
From a short-term perspective, the descending channel has opened up space, and the price has found a stopping point after a dip, with signs of recovery emerging. The bearish volume has decreased, and after the consistent downward release of moving averages, a turning upward has occurred; currently, a rebound has begun.
On the four-hour chart, the price did not rise and subsequently fell, currently testing lower support levels. The trading channel has once again narrowed, with frequent volume conversion between long and short positions, and the volatility has once again decreased. The small cycle remains unchanged, with short-term fluctuations moving lower but recovering, and the downward trend is not sustained. In the upcoming strategy, we will primarily focus on going long.
Personal trading advice for Bitcoin: Go long around 87000, targeting 88000-89000. If it breaks, look for further upward movement!
#牛回速归，晒晒你的持仓？ #DOGE看涨情绪飙升 #比特币搜索热度攀升 #Mt.Gox地址动向 #加密货币总市值破3万亿美元 $BTC $ETH
