Analyst Chen Shu: 11.29 midnight Bitcoin and Ethereum market strategy * No. 2, short position strategy effectively pays attention to the gains and losses of 9.52 support
The analysis at noon on November 28 gave ideas for short strategy. Bitcoin gave ideas for short at 9.57/9.63. Ethereum followed Bitcoin in shorting. It rebounded to 9.62 and then pulled back to a short-term retracement. Short positions are making profits after entering the market. The current price is fluctuating narrowly around 9.5. Please see the following analysis for how to operate.
From the daily chart of Bitcoin, the price is currently closing with a small negative line and holding the MA5-day moving average. Pay attention to whether the daily MA5-day moving average (9.48) is lost. If lost, the correction adjustment will continue. In the 4-hour chart, the price is mainly oscillating in a narrow range around the MA5/30-day moving average. Pay attention to the breakthrough and stabilization of the MA30-day moving average pressure level, as well as the gains and losses of the 1-hour MA256-day moving average (9.52). It is expected that the market outlook will be consistent with the analysis in the previous few days, mainly oscillating widely around the 1-hour MA256-day moving average (9.52), and 9.52 can be regarded as the short-term long-short watershed.
Looking at the daily chart of Ethereum, after hitting a high of 3680 and closing with a long positive line yesterday, the rebound trend failed to continue today and instead it made a short-term correction. It is currently retracing to the 4-hour MA10-day moving average. If it loses 3560, it will retrace to the daily MA5/10-day moving average, which is 3460/3360. At present, it is likely to retrace to 3460. The midday analysis article gives a strategy of shorting in sync with Bitcoin.
Midnight operation ideas (writing time: 00:00):
BTC: short around 9.55/9.63, target below 9.4; light long at 9.4/9.32, target around 9.6
ETH: Long around 3460/3430, target 3550; short orders around 3600 following Bitcoin shorting can continue to synchronize Bitcoin operations
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!
