Engaged in the cryptocurrency field for nearly seven years, a true bull and bear traverser, witnessed the glory of 73881, and also experienced the lows starting with 3. The cryptocurrency world brings infinite possibilities and endless miracles. If you need me, I am here! Name is Satellite Unique🧣: Riding the Wind and Breaking the Waves - Chenliang
First, if you do not have basic financial knowledge, please be cautious about entering the market, no matter how exuberant the market is. Because, money outside of understanding will go to zero.
Second, if you feel very eager, take a little bit of your disposable funds to try buying a little. If you lose, consider it as tuition for this financial course.
Third, if you have very little experience, you can buy index funds.
The evening market shows some fluctuations, without a very obvious trend. Currently, there has not been a breakout situation, so both sides have opportunities.
Suggestions:
For Bitcoin in the 90000-90500 range, aim for 92500-93000.
For Ethereum in the 3080-3100 range, aim for 3180-3200.
BTC and ETH Daily Update for Tuesday, November 19:
Looking back at yesterday's trends, the highest point reached 92700, and the short-term continues to consolidate and wash out positions, overall not breaking through the consolidation box of 89000-92000.
From a four-hour perspective, it is still in a slow upward consolidation trend, so the midday update can be arranged according to the pullback strategy.
Suggestions:
For Bitcoin, buy in the range of 89000-89500 Target 92500-93000
For Ethereum, buy in the range of 3100-3130 Target 3220-3250
Last night and early this morning, during the decline, the market reached a low of 88730 and 3043. The market is also on the verge of change, especially after Bitcoin's price has been high and steady, with lows continuously rising and support also increasing. The market is expected to welcome a new round of upward movement, but currently, it is necessary to be ready for any changes at any time. If the trend changes, timely adjustments are required.
The Bitcoin candlestick pattern shows a long lower shadow on the daily K-line, indicating strong buying support. In technical indicators, the MACD in the 4-hour cycle shows both DIF and DEA as negative, but there are signs of convergence, which may indicate a short-term rebound. Additionally, the daily Bitcoin chart shows a large bullish candlestick breaking the short-term consolidation range, with support coming in at 89000 to 90000. Attention should be paid to the strength of support at this position. The upper resistance reference is the previous high around 93500, but multiple high-level fluctuations also indicate a continuation pattern during the upward movement. As long as the lower support holds, there is potential for new highs.
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Next, we will continue to update the cabin flipping team's progress. During the update period, the cargo flipping list will be released from time to time. Welcome to pay attention and join!
The weekend market in recent weeks is quite strange. Basically, there will be a small drop in the market, and then the range will start to fluctuate. This kind of market is also relatively easy to do. You only need to repeat the operation within the range of the range of fluctuations, but it will also be accompanied by small risks. You need to pay attention to whether the range is broken.
Short-term fluctuation range of big cake: 89000 - 91500 Short-term pin range of second cake: 3015 - 3120 (it is safest to take the second cake without thinking against the 3000 mark!)
Let’s first review the market situation of the pie. It started to rise to 73600 on October 29th, but did not break through the high point of 73800 at that time. It went through a wave of continuous retracement to 67000, and began to close positive and reversed on November 5th. It pulled up, hitting a historical high and breaking the previous large box. After three days of high fluctuations, it once again pulled up until it hit the 90,000 mark.
From a structural point of view, the daily support is first placed at last week's retracement of the low of 86,000. If it cannot continue to decline and break a new low, the long-term bullish expectation remains unchanged, so the main operation is still to do Duo, and it can be retracement on every retracement. If the price falls below 78,000, it will start a daily-level correction and go to the mid-range support area of 78,000. This is also a very good mid-to-long-term point to do Dou. If the price has the opportunity to come back here, you can do Dou to look at 90,000 in the long term. The purpose of the short-term retracement during the price rise is to wash away the floating chips. There is no doubt that the new round of rise will never stop at the 93,000 line. In terms of operation, I personally recommend retracing the 87,000-88,000 area, and look at 95,000-98,000.
suggestion:
The pie is in the range of 87,000-88,000 and the target is 94,000-95,000 Two cakes 2900-2950 range target 3350-3400