Yueying: Will the upcoming results of the U.S. election affect the market for Bitcoin Aunt? Here are some short-term suggestions.

CN
14 days ago

A person's self-discipline hides infinite possibilities; the degree of your self-discipline determines the height of your life.

There are no shortcuts in life, but every step you take counts.

The more diligent, the more effort; the more self-disciplined, the more excellent. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, providing insights based on my own technical analysis of the market.

First published on the public account. Friends who want to verify their strength can follow the public account at the end of the article to find Yueying. There are daily price strategy suggestions in the Moments at irregular times. Here, Yueying's strategies only have precise points, without ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let's see today's sharing!

Bitcoin Technical Analysis ————

Looking at Bitcoin's daily chart, it has seen six consecutive days of decline. The previous candle pierced down to around 66800, rebounding into a consolidation adjustment. The market opened today with a continued rebound, closing with a bullish candle, testing the middle band. The Bollinger Bands are narrowing and flattening, with short-term moving averages forming downward pressure. The MACD fast and slow lines are crossing downward, with increasing volume, and KDJ shows signs of turning upward, paying attention to support near the 20 value. The VR indicator is consolidating around the 110 value. On the 4-hour chart, the early morning spike found support around the EMA200 and rebounded. Currently, the market is experiencing a continuous bullish rebound, testing around the 60 moving average. The Bollinger Bands are narrowing and flattening, with the market breaking through short-term moving averages and the middle band. The MACD fast and slow lines are crossing upward, with slightly increasing volume, and KDJ is crossing upward, paying attention to resistance near the 100 value. Overall, the market has not broken below the EMA200; in the short term, this upper level can be used as a reference for support, with resistance around 71000. Today, the U.S. will announce the election results, which may bring short-term volatility, but it is expected not to change the overall trend structure. Just manage the risk properly in the short term. Looking at short-term suggestions.

Bitcoin Short-term Suggestion: Buy at 67600, Sell at 70560 (Activate strategy and take profits as needed)

Ethereum Technical Analysis ————

For Ethereum, after briefly breaking below around 2380, it found support around 2350 and rebounded. The technical analysis is in sync with Bitcoin for reference. I won't elaborate today; let's go straight to the short-term suggestions, whichever side gets executed first is the one to follow.

Ethereum Short-term Suggestion: Sell at 2485, Buy at 2388 (Activate strategy and take profits as needed)

—— I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn with me! Let's share and profit together! Public account: I am Zhou Yueying

There may be delays in article publication review, and market conditions change rapidly. The above suggestions are for reference only, and risks are to be borne by yourself! The market changes every day; what I can do is use my years of practical experience to provide some slight assistance, guiding your investment decisions and management in the right direction. Meeting is fate; I am a person who believes in fate. If you have any doubts in the crypto world, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.

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