11/13 Weekly chart is about to change, daily cross star is high to reduce position, waiting for the opportunity to get on board again
The weekly closing line is fixed below 38,000, and the daily line has been a cross star for three consecutive days. The price has been flat and maintained an extreme shock of 200-300 points. The market is about to change. Ethereum quickly completed the rebound and touched the upper edge of the 2136 triangle before coming under pressure. The next week is the developer conference pledge track and L2-related varieties that can be paid attention to. Postponed 11/17SEC may approve 12 Bitcoin ETFs, so FOMO sentiment is high. Two indicators to pay attention to are the greed and fear index, which hit a one-year high. BTC holdings hit a record high, surpassing the 21-year bull market high. Everyone is looking forward to the SEC passing the spot ETF, but according to the SEC's nature, it must be in their interests. We still think it may be postponed to the last minute.
Flatbread
The monthly line touches the middle track of BOLL, the MACD accelerates above the zero axis and the fast and slow lines cross, KDJ refuels in the air and OBV is above the yellow line 🔝, and the overall situation is still bullish. The weekly line has been along the upper track of BOLL, and the important support is 36000. The daily line diverges and there is a risk of callback.
The 4-hour triangle has broken and will retest the 36,300 support. Be patient and wait for the result on the 17th to reveal the short-term direction.
Support: 36000-36300
Pressure: 38000-40600
ether
The daily line diverged, and Ethereum reached the 2000 support level of the descending triangle in 4 hours. Whether the Ethereum rebound is over depends on the direction of the triangle and whether the high point of 2141 can be broken through.
Support: 2000
