11.26 Evening Silk Road

Double top breakthrough imminent, market anticipates early ambush

New trend and downtrend line are forming, tonight focus on the MACD indicator divergence. If the closing at 12:00 AM shows consecutive bearish bars moving upwards, the market will form a bottom and rebound. Using the divergence structure and trend lines for prediction can be very precise, especially the post on the 22nd mentioned to pay attention to the daily level top divergence, so on Saturday, Bitcoin started to adjust downwards as expected. Welcome to discuss! Currently, the auxiliary indicator OBV crosses down strongly bearish, and the main trend is also downwards. Therefore, for shorting, the key position below is 93000, and for a breakthrough, check the lowest point of the double top at 90500. Combining with Fibonacci, the pressure point after the rebound is at 95000, indicating this is the best position for shorting, so the operation is mainly high short!

Evening Strategy:

Bitcoin: Around 94000-94500 🈳

Target around 92500-93200

Ethereum: Around 3380-3400 🈳

Target around 3300-3320 near #比特币突破7万美元 #比特币 #以太坊