Bihai Zhulang: 11.14 Bitcoin (BTC) market analysis reference:
The price of Bitcoin has been breaking new highs recently, and the overall trend is wide fluctuations. The bulls exerted their strength last night, and the price of the currency continued to rise, strongly breaking through the key pressure level of 90,000. In the early morning, the high level was 93265, and then there was a deep correction. After hitting the low near 87970, it rebounded and repaired. The current trend fluctuates at the 91000 position.
From the daily level chart, the K-line pattern is continuous positive and single negative, the price continues to break through the historical high at a high level, the Bollinger Bands continue to open upward, the current currency price fluctuates near the upper track, the EMA moving averages are arranged in a bullish pattern, maintaining an upward posture, the MACD histogram continues to be positive, gradually increasing, and DIF and DEA are steadily diverging upward. Although there was a certain degree of retracement after the high, resulting in a slight weakening of the upward momentum, the overall bullish pattern has not changed.
From the short-term hourly chart, the upper track of the 4-hour Bollinger Band turned slightly, and the middle and lower tracks continued to move up. The current price is above EMA7, EMA30 and EMA120, MACD is in the negative range, the fast and slow lines move slightly downward, the three KDJ values tend to be parallel, and the 1-hour Bollinger Band shrinks downward. MACD turns from negative to positive. The golden cross formed by DIF and DEA is weak. The J value in the KDJ indicator turned downward. On the whole, short-term shocks are expected to continue, and there is a need for adjustment, but the general trend is still upward. Therefore, the evening operation still maintains the idea of retreating to a low level and entering more.
Bihai Zhulang: 11.14 Bitcoin short-term reference at night:
Long order: 88500-89000 range, defense 87500, stop loss 500 points, target 89500-91500
Short order: short in the range of 93500-93000, defense 94500, stop loss 500 points, target 92000-91500
Bihai Zhulang: 11.14 Ethereum evening short-term reference:
Short order: short in the range of 3240-3210, defense 3300, stop loss 50 points, target 3150-3100
Long order: 3080-3110 range, defense 3000, stop loss 50 points, target 3150-3200
The article is sent with a delay and is time-sensitive. It is a personal opinion and is for reference only. Do not act blindly! I hope that everyone can stick to their principles on the road of investment, no matter how the market changes, and stay rational and calm. Seize the opportunity, make every decision just right, ride the wind and waves in the ocean of investment, and reap wealth and growth!!! #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
