11.3 Market analysis
The market also went through a roller coaster ride yesterday, and the currency price is currently back to around 1,800. From the 1-hour chart, the upper track of the BOLL Bollinger Band is running downwards. The K-line breaks through the lower track and is supported and rebounds to run above the lower track. MACD shorts have weak energy and volume, and KDJ sticks to the cross. From the 4-hour chart, the bullish trend is strong. The upper track of the forest belt appears to be open, the currency price moves below the middle track, MACD short energy slowly increases, and the KDJ three lines diverge downward. Dong Ge recommends stepping back to go long.
Operation suggestions
ETH is near 1790-1780, target 1840-1830, risk control 1750
BTC is around 34600-34500, target 35100-35000, risk control 34100
Never worry about missing an opportunity. The most indispensable thing in this market is opportunity. The key is to know whether the market is suitable for you, otherwise the opportunity becomes a risk. #BTC