Coin Circle Liying: 11.14 Bitcoin bears have no way out! Strong rebound, come and keep up with Liying's pace! Latest market analysis

Article release time 2024.11.14-02:15

The current price of Bitcoin is 92360. Going with the trend is the eternal truth. Only by remembering this and following the trend can you avoid being eliminated by the currency circle, especially standing at the outlet. In such a good bull market, if you haven't let the profit run, you need to reflect whether you are still suitable for the currency circle. Yesterday, Liying said that it was obvious that the main purpose was to go long after stepping back on the support. All major indicators showed a long arrangement, so in the short term, after adjusting to the support point, enter the market decisively without hesitation. From 86,000 to 93,000, this is 6,000 points of space. Congratulations to the fans who followed

Let's look at Liying's statement at the market, First of all, the price trend shows that the current K-line pattern has an obvious upward trend. Liying says almost every day that within the 4-hour cycle, there was a high-level shock, and the highest price reached 93266 and then slightly adjusted, but it is still in the upward channel as a whole. The technical indicators MACD within 4 hours, DIF and DEA are both positive and continue to rise. The MACD bar chart shows that the bullish momentum is strong, so Liying is still bullish. The relative strength index RSI14 is close to the overbought zone of 77 within 4 hours. Liying has not seen any signs of a decline, suggesting that it may continue to maintain its strength. All trend indicators are in a bullish arrangement, and the short-term moving average is far away from the long-term moving average, supporting the current upward trend. The price rebounded after getting support near EMA7, further confirming the upward trend mentioned by Liying. The 4-hour trading volume increased when the price broke through 90,000, showing the attention and recognition of funds to this integer level. Those who have not yet boarded the train can continue to board the train after the retracement to clear support.

Today's Liying point forecast

Long point 91,000, 90,000 to cover long, stop 89,500, target 94,000

Short point 94,000, 95,000 to cover short, stop 95,500, target 91,000

The above is Liying's brief analysis of the current market conditions for investors' reference$

The content of the article is real-time and is for reference only. Risks are borne by investors$BTC