High rebound and fall, both bulls and bears washed out, the outlook remains bullish! 11.13 Bitcoin Auntie's market analysis and layout
After the market virtually broke the 90000 mark, it fell to a low of 85176 yesterday, with wide fluctuations and both bulls and bears washed out! My thought process perfectly aligned with the market trend yesterday, laying out three long positions, capturing over six thousand points in Bitcoin, and over 60 points in Ethereum! A complete victory!
From a technical perspective, after seven consecutive daily gains, this morning a long lower shadow candle was formed, currently still running above the upper track, the Bollinger Bands are wide open, KDJ three lines are in the oversold area, the fast line is turning down, MACD golden cross is diverging upwards, and volume is gradually increasing! The daily outlook remains bullish!
On the hourly chart, the coin price is fluctuating widely, the three Bollinger Bands are trending upwards, the coin price is running between the upper tracks, KDJ dead cross is diverging downwards for the second time, MACD dual lines are at a high level, and volume is gradually decreasing, with a desire for a pullback in four hours!
Yesterday, the U.S. stock market opened low, showing a fluctuating trend, closing lower in the morning! Combining on-chain data, there are not many large players or institutions dumping, so Conan believes that the coin price currently belongs to a pullback repair after a new high, so the outlook remains bullish! Still the same saying, a pullback is an opportunity to get on the train!
11.13 Bitcoin operation strategy: Enter long on a pullback between 86500-87000, defend around 85800, target look at 87500-88000-89000, hold if broken based on situation!
Short position strategy: Enter short between 89000-89500, defend around 90200, target look at 88000-87500-87000.
11.13 Ethereum operation strategy: Enter long on a pullback between 3200-3220, defend below 3140, target look at 3250-3290, if broken look at 3330-3350.
Short position strategy: Short between 3360-3400, defend around 3450, target look at 3290-3250, hold if broken near 3200!
The pullback market after a surge has washed out over a billion dollars' worth of chips! I have repeatedly reminded everyone to manage your positions well and avoid heavy positions! Keep chips to build positions in batches, as long as you follow the instructions, this bull market will be profitable! If you can’t understand it or choose the wrong entry point, you can follow Conan’s strategy to charge together! #加密货币总市值破3万亿美元
