The latest operation ideas for Bitcoin and Ethereum on Friday, November 15:
Bitcoin has been rising strongly for nine consecutive days and has continuously refreshed its historical highs. However, after any asset has risen rapidly, a short-term correction is a normal market phenomenon and a critical period for risk management.
If Bitcoin encounters a sharp correction, the market is expected to usher in a period of high-level consolidation, and the adjustment range may fall between 80,000 and 90,000 US dollars.
From a technical point of view, the four-hour chart shows that Bitcoin's trading volume has increased, and the price is close to the middle track support. Pay attention to the 92,200 resistance above, and pay attention to the 86,500 support below.
The 1-hour line shows that there is a trend of touching the lower track in the short term. The primary support is at 87,700 and the secondary support is at 86,300. Therefore, we continue to use the retracement strategy to make a layout.
Bitcoin operation ideas:
89000-88000 around, up to 91500-93000
Ether operation ideas:
3100-3060 around, up to 3250-3300
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