Cryptocurrency Circle Yuelin 11.11 Monday, Bitcoin, Ethereum Morning Strategy!
Good morning to all my friends in the cryptocurrency circle, I am your lucky goddess Yuelin. The market trend in the early hours today is also strongly bullish, with the four-hour chart having broken through the upper band by nearly 3000 points. From the slow upward movement before yesterday's opening, it has risen sharply after the opening, creating the longest daily line in three years. Today's accelerating candlestick should be the largest entity since 2021, and the current increase is nearing 7000 USD. After this acceleration, making a basic exit is advisable, starting from the bottom of 80235 yesterday and climbing to the current high of 89800. Today's daily close can focus on breaking through the 90000 mark!
In terms of technical analysis, the hourly chart has already moved above the upper band of the Bollinger Bands by 500 points, indicating that the hourly line is still ongoing. Next, there will likely be an upward move on the hourly line. The four-hour chart has already exceeded the upper band by nearly 3000 points, which may lead to a four-hour pullback space. It is certain that after breaking through 90000, there will be a four-hour oscillation downward to stabilize above 850 in anticipation of better breakthroughs later. This round of the bull market currently seems not yet over. Will we really see the 100000 mark like a great prophet in the market? This week is only at Tuesday, and there are still many events yet to be announced, so let’s keep an eye on it!
Tuesday Morning Operation Strategy:
BTC: Pullback directly to target 90000-92000
ETC: Pullback directly to target 3400-3500
Of course, technical indicators are just a reference. If you have no direction, remember to follow Yuelin and keep up with my steps. Yuelin may not guarantee you a hundred victories, but can definitely help you avoid losses and take fewer detours!
