In the crypto world, Li Ying: 11.23 Bitcoin's bullish feast at the 100,000 mark! Every pullback is an opportunity! Latest market analysis
Article published on 2024.11.23 at 01:15
Current Bitcoin price is 99140, how much have you made following the idea of going long on pullbacks? Before Li Ying's release, it was long at 97500 and profits were taken at 99000. After waiting for a pullback, we continue to trade in the same direction. As long as you follow the trend and act accordingly, you too can maintain a high win rate and let profits run, do not doubt the determination to break through the 100,000 mark, and do not speculate. We are simply following the trend.
From Li Ying's price trend analysis, it can be seen that the current K-line pattern still shows a clear upward trend, especially with the large bullish candles in the last two days. In the 4-hour cycle, multiple long lower shadows have appeared, indicating strong buying support. Bullish forces have been consistently increasing with funds flowing in. The technical indicator MACD in the 4-hour cycle is continuously above the zero line, and both DIF and DEA are diverging upwards, indicating that the current market is in a bullish trend, which Li Ying believes is indisputable. This trend has always been the case.
The Relative Strength Index (RSI) is close to 70 but has not entered the overbought zone, indicating that bullish momentum still exists but caution is needed for pullback risks. Since there is a risk of a pullback, it presents an opportunity for us. After waiting for a pullback, we can continue to enter the market. The trend indicators EMA prices are currently above EMA7, EMA30, and EMA120, showing a bullish arrangement for short-term, medium-term, and long-term moving averages. Li Ying supports a continued bullish outlook, with overall trading volume maintained at a high level, indicating high market activity. The strategy remains unchanged, primarily following the trend to go long, with short positions as a supplement.
Today's Li Ying's price prediction
Go long at 98000, add long at 97000, stop at 96500, target 100000
Go short at 100000, add short at 101500, stop at 102000, target 98000
The above is a brief analysis by Li Ying based on the current market conditions, for investors' reference. Over ten years, Li Ying has continuously explored and experienced hundreds of different digital assets. Throughout this process, Li Ying has witnessed the market's glorious bull runs and bleak bear markets, accumulating countless valuable experiences and deep lessons along the way. As a female trader striving in this challenging field, Li Ying feels a responsibility to share her insights, hoping to assist others with dreams to find their place in this unpredictable market and embark on their own journey to success.
The content of the article is timely and for reference only, risks are borne by yourself
