11.20 Bitcoin and Ethereum continue to consolidate at high levels, with subsequent trend analysis and operational suggestions!

CN
允彦
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4 hours ago

Trading Philosophy: Look at the trend in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily chart shows a small bullish candlestick, the Bollinger Bands continue to open upwards, the MACD moving average is starting to rise, bullish volume is decreasing, and the KDJ line is also starting to move upwards. On the 4-hour chart, the Bollinger Bands are slowly opening, the market has been consolidating at a high level, the MACD moving average is gently rising, bullish volume is starting to slightly increase, and the KDJ line is also moving upwards;

For Ethereum, the daily chart shows a bearish candlestick, the Bollinger Bands continue to open upwards, the MACD moving average continues to decline, bearish volume is starting to increase, and the KDJ line continues to move downwards. On the 4-hour chart, the Bollinger Bands are starting to flatten, the MACD moving average is running parallel, bearish volume is slightly increasing, and the KDJ line is moving downwards;

In summary, the overall market trend remains strong, primarily characterized by range-bound fluctuations. Bitcoin is gradually too high, while Ethereum is consolidating instead of falling. Future operations are recommended to continue with high selling and low buying, and to follow the trend once it breaks out of the range! The high selling and low buying strategy laid out yesterday appears somewhat conservative, and the stop-loss for the short position in Bitcoin was hit, so adjustments can be made moving forward!

Operation Suggestions: High selling and low buying!

Short Bitcoin in the 93300-93800 range, target 92000-91000, stop-loss at 94500;

Long in the 91000-91500 range, target 92500-93500, stop-loss at 90500;

Short Ethereum in the 3180-3210 range, target 3100-3050, stop-loss at 3230;

Long in the 3040-3070 range, target 3120-3200, stop-loss at 3000;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

Follow the WeChat public account Yunyan!

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