Friday, 11.22 "BTC- ETH" Latest Insights From the current market situation, Bitcoin has once again broken through the 99,000 mark and reached new highs, showing a consecutive bullish trend. At the same time, altcoins have also started to extend their bullish momentum, with Solana breaking new highs!
The cryptocurrency market is currently showing an all-around upward sprint, and the bull market has indeed begun in grandeur! In the recent market developments, historical records will continuously be rewritten, and we only need to quietly witness this glorious journey. It should be noted that this is very likely the last opportunity that comes once every four years!
From the four-hour chart perspective, there is no pressure at the 100,000 level above, and its breakthrough is merely a matter of time. At this moment, one should not have a fear of heights or fear of peaks. In terms of operational strategy, one should always follow the principle of going with the trend. When the market shows a pullback, one can seize the opportunity to go long.
Early morning recommendation: Bitcoin: Range of 97,500-98,000, looking up at 99,500-100,000.
Ethereum: Range of 3,280-3,300, looking up at 3,900-4,000.
Market sentiment remains turbulent and difficult to calm. If the price successfully breaks through the 95000 mark this evening and steadily moves towards the 97000 - 98000 range, the wave of market sentiment will surely surge, reaching a new peak of enthusiasm.
Good evening, everyone. The white market failed to have a large volume trend, and it fluctuated back and forth around a small range. The market trend was weak. From yesterday to today. I have tried to break through 93,000 twice but failed! The third time next time will definitely break 93,000.
The 4-hour line shape and structure have not changed much. The idea of the daily line entering a strong shock has been said more than once or twice. This is also the reason why we have been emphasizing that everyone should go to the lows recently. While the lows are constantly moving up, the highs are also constantly rising. This is a typical strong shock structure. When going long at lows, you still need to pay attention to the upper space problem. The next wave of touching may still be 93,000 upwards. What we need to do now is to wait for the market to break and accelerate.
Operation strategy for Tuesday night: Big cake: 91,000-90,800, target 92,700-93,000 Auntie: 3,080-3,060, target 3,220
11.18 Monday, Bitcoin and Ethereum, operation ideas! The current currency market presents a delicate state of balance. Although the currency price has neither broken substantially nor broken effectively, the overall trend has been maintained for many consecutive days.
From the K-line of the big cake at 1 o'clock, the price of the big cake currency began to fall back after reaching the 91500 point line, and it began to pull back after running down to the lower track of the Bollinger band. A cross needle stopped the decline and began to rebound. MACD rebounded after touching the bottom, and began to run upward, and the short-selling momentum was gradually weakening. KDJ three lines crossed upward, and the trend was looking at Duo, and the morning idea was mainly low Duo.
11.18 Operation suggestions: Big cake: Duo in the range of 89000-89500, the target is 91500
Auntie: Duo in the range of 3020-3070, the target is 3200#
After reaching a high of 93,000, Bitcoin's rise slowed down due to the Fed's remarks that it ruled out the possibility of a rate cut. A downward trend is currently forming, and the possibility of adjustment has increased compared to before. It is recommended to pay attention to the price fluctuations in the box range and refer to historical highs and lows as support and resistance. Adjust positions flexibly.
Resistance level reference:
First resistance level: 90,300 Second resistance level: 91,500
Support level reference:
First support level: 89,500 Second support level: 88,400
11.17 (BTC) Market Analysis Reference Bitcoin continued yesterday's rebound, and the price remained above 90,000. The short-term trend showed an upward fluctuation, and it is now close to yesterday's suppression area.
From the four-hour chart, the current price of the currency is running above the central axis. In the 4-hour cycle, DIF and DEA are both negative and the MACD bar chart shows a green column, but there are short signs, the short-term strength has weakened, and there is a rebound limit in the short term. You can take advantage of the trend to seize a short-term long.
If the price remains stable at the 90,000 support level, you can wait for the opportunity to enter the market with multiple orders to seize potential profit opportunities.
When the market is in full bloom, while grasping the trend of the big cake, we should not ignore the dynamics of the altcoins. #市场回调,观望还是上车? #美国CPI公布后降息预期上升 $BTC $ETH $BNB
The retracement is much stronger than that of Bitcoin. The current key support is 3000, and the four-hour stochastic indicator is oversold, with limited room for decline. Therefore, the main focus during the day is to trade in batches. Pay attention to 3060-3010 and enter the market in batches. #市场回调,观望还是上车? $ETH
Overnight, Bitcoin surged to above 90,000 again. While the four-hour level rebound highs continued to break through, the lows of the retracements also continued to move up. Bitcoin is still dominated by the long position.
Intraday operation suggestions are still centered around the long position. The short-term support will first look at 90,000. If it falls below 90,000, then look at the low point of yesterday's retracement near 87,500. Do the long position in batches around the two supports. #市场回调,观望还是上车? #美国零售销售数据即将公布
Every callback is an opportunity for us to make a profit. The opportunity to get on the train is not available every day. It is the best choice to firmly grasp the present.
As far as the current overall situation is concerned, 85,000 is still a key support level. It is the watershed for whether the price of Bitcoin will rise or fall back, and it determines whether the big cake will continue to rise or face the pressure of a correction.
If this support level is lost, the price may slide down and head straight to the 80,000 level.
The market is in the stage of accumulating momentum, like a sharp arrow with a fully drawn bowstring, and is about to launch a strong attack on the 95,000 mark. Every squat is only to accumulate more strength to achieve a more powerful take-off and move forward to a new high!
In the early morning, accompanied by the speech of Federal Reserve Chairman Powell that due to the strong US economy, the Federal Reserve does not need to "rush" to consider rate cuts for the time being, the big cake and the second cake fell to 87061 and 3082 respectively after 4 am
From the disk, the 4-hour is still in a dead cross downward, but it is close to the lower track support position. According to the analysis of the air situation in recent days, the big cake is currently in the stage of consolidation and accumulation, and the overall trend is still dominated by Duotou. The one-hour KDJ is currently turning around, and a significant rise is expected in the morning.
Morning operation suggestions: Big cake: After closing the daily line at 8 o'clock, if the trend is still upward, you can directly enter Duotou. If there is a negative decline before closing, you can refer to the lowest position of 87000 in the morning to connect Duotou!
Second cake: The operation is consistent with the big cake. If there is a negative decline, refer to the morning 3040 to connect Duotou! #美国初请失业金人数创2024年新低
Brothers, keep calm and don't act rashly. Let's stay out of the spotlight first, and wait for the right time, then continue to lie low, keep a close eye on Duodan's movements, and wait for the right opportunity to act.
Yesterday, the market broke through again, setting a new high. The bulls are coming with great momentum and are unstoppable. The market is moving forward in continuous shocks every day, and the market is extremely hot. According to this trend, the previous prediction that Bitcoin will reach 100,000 by the end of the year may really become a reality.
The big positive rise appeared again in the structure chart. Although there was a correction trend, the correction space was squeezed and a cross star with a long lower shadow was closed. It can't fall at all. Today's market is expected to continue the rhythm of the double head and the rhythm of the daily high.
Bitcoin pulls back to around 89,000 to do a double, with a target of 93,000-94,000
Although there are some pullbacks, the overall direction remains stable. Once the selling pressure in the market decreases and the amount available for trading is small, the upward trend will start again.