Analyst Chen Shu: Bitcoin and Ethereum market strategy No. 1 at noon on November 15, the daily stagflation bulls and bears diverge, pay attention to the gains and losses of the daily MA5
The analysis at noon on November 14 gave the bullish and bearish ideas. Yesterday, there was a phased decline during the trading session. After breaking through the 4-hour MA5/10-day moving average, it fell to a low of 8.68, and then began to fluctuate and adjust. Please see the following analysis for how to operate the current short-term narrow fluctuations.
Looking at the daily chart of Bitcoin, a real negative K-line was formed yesterday and the price retraced to the daily MA5. Today, the price has fallen below the daily MA5 average. During the day, we will first focus on whether the price can recover above the daily MA5. If it recovers, it will return to the bullish position. Otherwise, it will continue to fluctuate and adjust in a weak position. In the 4-hour chart, the current price is about to retrace the MA30 daily average (8.66). Pay attention to whether this support line is effective. For the pressure level, refer to the daily MA5 daily average, which is 8.85, to see whether it can recover again.
Looking at the daily chart of Ethereum, the trend is basically consistent with the analysis in yesterday's article. The price has retraced to the MA256 daily moving average (3060). We will focus on whether the support line of 3060 is effective during the day. It is expected that it will temporarily stop falling and make volatile adjustments based on this support line. Looking at the 4-hour chart, the price has also retraced to the MA60 daily moving average. We will focus on whether the support is effective.
Lunchtime operation ideas (writing time: 15:00):
BTC: Short lightly around 8.90, increase short position above 8.95, target around 8.65, consider long around 8.68
ETH: light long position near 3060, add long position when it falls back to 3020, target 3120, short position keeps synchronization with Bitcoin
Note: Today, Friday, focus on the multiple market conditions after the opening of the U.S. stock market in the evening. Treat the daytime period as a shock adjustment. The pressure level depends on whether the daily MA5-day moving average can be seen, and the support level depends on the 4-hour MA 30-day moving average.
The daily analysis strategy has a super high winning rate! Analysis is not easy, I hope everyone can click on a free follow, favorite, like and comment, thank you everyone, welcome to leave a message below to discuss, I will reply one by one!
For real-time market strategy exchanges and consultation on market issues, you can follow me. I am the No. 1 personal KOL in (Coin World) and I will provide free guidance and answer trading questions. Everyone is welcome to communicate with me!
