The market orders just called out in the livestream: BTC: go long at 78,500, target 79,500; ETH: go long at 2,320, target 2,360. In less than half an hour, prices surged and the trades hit their take-profit targets.
Post
--
币圈陈栋
·
--
November 4 Evening Market Analysis:
On the daily chart, yesterday closed with a small bullish candle, indicating stabilization. Today, the price initially broke below the low at the open, then rebounded quickly and held above the 7-day moving average. The Bollinger Bands are beginning to contract, and short-term moving averages remain broadly weak. The MACD has stopped falling and turned upward, with bearish momentum continuing to fade. The KDJ has formed a bullish crossover and is recovering upward, while the VR indicator remains steady and range-bound. On the 4-hour chart, the price quickly dipped in the morning, briefly breaking below the lower Bollinger Band before promptly recovering. A solid bullish candle recouped the losses. The Bollinger Bands have flattened and opened slightly; the moving averages are clustered around the middle band, which is acting as resistance. The MACD shows continued expansion in bullish momentum, while the KDJ has surged toward overbought territory and is nearing resistance. The VR is fluctuating slightly. Overall, this is a rapid technical rebound after a break to new lows. The short-term recovery is fairly strong, but the broader structure remains in a downtrend, with dense overhead resistance. The bulls have not yet truly reversed the trend.
Short-Term Trading Suggestions:
Bitcoin: Go long around 78300–77800; target: 79200–79900
Ethereum: Go long around 2320–2300; target: 2360–2395
On the daily chart, yesterday closed with a small bullish candle, indicating stabilization. Today, the price initially broke below the low at the open, then rebounded quickly and held above the 7-day moving average. The Bollinger Bands are beginning to contract, and short-term moving averages remain broadly weak. The MACD has stopped falling and turned upward, with bearish momentum continuing to fade. The KDJ has formed a bullish crossover and is recovering upward, while the VR indicator remains steady and range-bound. On the 4-hour chart, the price quickly dipped in the morning, briefly breaking below the lower Bollinger Band before promptly recovering. A solid bullish candle recouped the losses. The Bollinger Bands have flattened and opened slightly; the moving averages are clustered around the middle band, which is acting as resistance. The MACD shows continued expansion in bullish momentum, while the KDJ has surged toward overbought territory and is nearing resistance. The VR is fluctuating slightly. Overall, this is a rapid technical rebound after a break to new lows. The short-term recovery is fairly strong, but the broader structure remains in a downtrend, with dense overhead resistance. The bulls have not yet truly reversed the trend.
Short-Term Trading Suggestions:
Bitcoin: Go long around 78300–77800; target: 79200–79900
Ethereum: Go long around 2320–2300; target: 2360–2395