Coin Victory Group: Bitcoin tests the peak with three pins, Ethereum stumbles, has the small bull market come to an end?

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币天王
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5 hours ago

Do not worry about having no friends on the road ahead; there are like-minded individuals on the investment journey. Good afternoon, everyone! I am the King of Coins from the Coin Victory Group. Thank you all for coming here to watch the articles and videos from the King. I also hope that the brothers who have been following the King will return.

Click the link to watch the video: https://www.bilibili.com/video/BV1zxSFYfEw5/

On November 18th, at noon, the King of Coins from the Coin Victory Group accurately grasped the cryptocurrency trends, setting a short position range for Bitcoin at 9.23 - 9.28, with the market responding quickly, resulting in profits exceeding 2000 points. The short strategy for Ethereum around 3140 also found an opportunity in the afternoon, with a drop of over 80 points, consistent with yesterday's analysis. Currently, both are experiencing narrow fluctuations at high positions in the short term, and the subsequent operational analysis is as follows.

“Deep Analysis of Cryptocurrency Operations on November 19th”

In the ever-changing landscape of cryptocurrencies, the trends of Bitcoin and Ethereum are always in the spotlight. The daily chart of Bitcoin shows a unique situation, with yesterday's candlestick forming an inverted hammer red K line, making the 9.25 level a significant resistance area. However, the overall price remains above the daily MA5 moving average, indicating that the short-term bullish trend is still solid. From the 4-hour chart, as accurately analyzed in yesterday's article, the K line is firmly above the 4-hour MA30 moving average. The support of this moving average is crucial; as long as this line is not broken, the short-term price is unlikely to start a bearish retracement. Therefore, in terms of operational strategy, we can treat this line as a dividing line for short-term bullish and bearish positions. Before it is broken, we can decisively go long on pullbacks; once it is broken, it is not too late to follow the trend and go short.

On the daily chart of Ethereum, yesterday's candlestick formed a large bullish line, appearing strong but lacking follow-through, with the price experiencing a downward correction after breaking the daily MA5/10 moving averages, making it difficult for the upward momentum to continue. At this time, the key short-term support focuses on the MA256 moving average, with its position at 3050 becoming an important point of attention. Meanwhile, on the 4-hour level, the 3100 level is crucial, as it is where the 4-hour MA30 moving average support lies; whether it can hold will greatly impact Ethereum's short-term trend.

Based on the detailed technical analysis above, here are the operational thoughts for noon (writing time: 15:30)

For Bitcoin: You can go long with a light position at 9.03, and if there is a pullback to 8.95, then increase the long position, aiming for a profit target around 9.2. When the price reaches the 9.2 level, you can go short with a light position, targeting around the 90,000 level.

For Ethereum: Use the 3050 - 3200 range as the operational range for high selling and low buying. As long as this range is not successfully broken, this strategy can be applied, and after a successful break, follow the actual situation for operations.

It is particularly important to note that before Bitcoin's price breaks below the 4-hour MA30 moving average (90,000), one should maintain a bullish mindset and actively go long, patiently waiting to consider short positions after a break. For Ethereum, focus on the support and breakout situation at the key position of 3050, using this as a core basis to flexibly adjust operational strategies, seizing opportunities in the waves of cryptocurrency fluctuations to achieve stable profits.

Coin friends can enter the market in advance, but be sure to leave room for additional purchases, and after adding positions, control the average holding prices of Bitcoin and Ethereum at around 92600 and 3160, respectively. Also, pay close attention to controlling the position size and managing investment risks.

This article is independently written by the Coin Victory Group. Friends who need current price strategies and solutions can find the Coin Victory Group online. Recently, the market has been mainly characterized by fluctuations, accompanied by intermittent spikes, so when making trades, remember to control take-profit and stop-loss levels well. In the future, when facing major market data, the Coin Victory Group will also organize live broadcasts across the internet. Friends who wish to watch can find the Coin Victory Group online and contact me for the link later.

Mainly focusing on spot and contract trading, BTC/ETH/ETC/LTC/EOS/BSV/ATOM/XRP/BCH/LINK/TRX/DOT, specializing in styles, mobile locking strategies around high and low support and resistance for short-term fluctuations, medium to long-term trend positions, daily extreme pullbacks, weekly K-top predictions, and monthly head predictions.

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