Cryptocurrency Circle Yuelin 11.11 Monday, Bitcoin, Ethereum Afternoon Strategy!
Hello friends in the cryptocurrency circle, good afternoon, I am your lucky goddess Yuelin. Currently, the trend shows a big rise accelerating, approaching the 82000 mark. Bears are dying, bulls are relentless. I have been emphasizing bullish sentiment these days; from a technical perspective, the overall daily level rise of Bitcoin has not yet ended. For now, we should temporarily set aside small trend analysis; otherwise, it is easy to get trapped.
After the dip from 81000 to 78400 in the early morning, it continued to rebound and break the high, differing from our estimated support by 500 points. Currently, it is pushing for new highs, quickly recovering after breaking down, indicating that the medium-term upward trend remains unchanged. Given this, we should follow the trend and be bullish; first, focus on 82000, and if it breaks through, look at 85000!
From the 4-hour candlestick structure, the alternation of bullish and bearish candles is accumulating strength for the market's upward movement. Overall, the larger direction remains bullish. Although bulls have shown some local stagnation after increasing volume, this is just temporary, and the market still has the potential for further momentum.
Monday Afternoon Operating Strategy:
BTC: Direct buy target 82600-84000
ETC: Direct buy target 3250-90
Of course, technical indicators are just references. If you have no direction, remember to pay attention to Yuelin, follow my steps, and do it. Yuelin may not guarantee you a hundred victories, but it can certainly help you avoid losses and take fewer detours!