Trader Liang Qiu: On November 17, the Bitcoin/Ethereum short position successfully retraced, and I will continue to enter short positions as it rises.

CN
2 days ago

Follow for more, earn millions. Hello everyone, I am analyst Liang Qiu. Here I share my views, hoping that every friend who follows can achieve good returns!

This is the first release on the public account. You can follow the public account Trader Liang Qiu, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum saw a rise yesterday, entering short positions. In the morning, there was a wave of decline, and the space was fully utilized. Overall control during this period has been quite good. After breaking the previous high of 73800, we chased long positions, and later entered short positions above 93000. The recent days have seen a transition between long and short, and the rhythm can be observed. Additionally, it's not just about going short when writing; in fact, long positions can also be made. It's important to get the rhythm of long and short right. Currently, the market is slowly transitioning from wide fluctuations to narrow fluctuations, and a change in trend is imminent, requiring more attention to rhythm control. Bitcoin/Ethereum fell to 89400 and 3035 in the morning before rebounding again, with effective support tested below. Moving forward, pay attention to the pressure above 92500 and around 3230.

On the daily chart, Bitcoin's overall trend is strong, currently stabilizing above the MA7 and 10-day moving averages at 89500, now testing the resistance between 92000 and 92500. Ethereum, after a tug-of-war between long and short, has broken below the MA7 and 10-day moving averages at 3180, with the moving averages turning downward, increasing pressure. The four-hour chart shows a smooth operation, with weak continuation of long and short positions. The hourly chart is also gradually pressing down, so in the short term, one can focus on narrow fluctuations, buying high and selling low, and primarily managing the waves.

In terms of operations, enter short positions for Bitcoin around 90800 to 91200, targeting near 89000; for Ethereum, enter short positions around 3140 to 3170, targeting near 3070.

The post is effective, with specific real-time guidance as the main focus. Currently, the market is relatively good, recommending altcoins ORDI, LPT, SOL, and UNI for wave operations, with specific operations based on real-time guidance. For more strategies, you can follow the public account: Trader Liang Qiu.

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