11.13 BTC, ETH evening analysis: The market has tested key positions many times, and deep retracement needs to wait
The post has repeatedly prompted bullishness. This week's market is bullish, and the monthly line level is strong and bullish, forming a wave of bulls quickly. Friends who come to consult basically lead everyone to catch it, which is very comfortable. At present, the big cake has broken through 90,000 and has risen unilaterally, indirectly driving the rise of Ethereum and Shanzhai. It belongs to the third stage of the rise. Wait, it is expected to see 100,000 big cakes by the end of the year!
From the 4-hour chart, ETH has been consolidating after the previous structural divergence. At present, it is much weaker than Bitcoin, and the retracement is relatively strong. Combined with technical indicators, the rising volume is weakening, but the trend chart is still in the upward trend of the monthly line. It is best to wait for the retracement of the lower resistance line 3168 to go long. As long as it does not fall below the second half of the night, it is likely to be in high consolidation. The attached indicator is basically in a state of about intersection. Once it crosses downward, it is strongly bearish. As long as the trend chart is bullish, it is mainly low-long with the lowest risk.
BTC evening strategy: 89850-90350 to go long, the target is around 92050!
ETH evening strategy: 3168-3185 to go long, the target is around 3280!
