11.15 Bitcoin/Ethereum bullish successfully rebounded after touching the bottom, watch for a pullback first in the early morning
Bitcoin/Ethereum white market layout again at 95500 and 3100-3130 pullback long position ideas, highlighting the important support lines at 94000 and 3050. The market pulled back to the low points of 94500 and 3068 to start the rebound, and as of now, it has reached a maximum of 97300 and around 3255, with a relatively large overall rebound. In the early morning, pay attention to the upper 98500 and 3300 short-term pressure, observing the pressure pullback, but if the subsequent pullback is not strong, the market will continue to rise.
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In terms of K-line patterns, the daily level shows that the price rebounded significantly from the low points of 3060 and 94500 in the evening, forming a bullish candle with a lower shadow line, indicating that buying power has increased. In the 4-hour cycle, the price rebounded continuously after gaining support near 3150# and 96000, but the pressure at the upper 3300 and 98500 levels is obvious. In terms of technical indicators, the 4-hour MACD is below the zero axis, DIF and DEA are gradually converging, and the green bars are shortening, indicating that the bearish momentum is weakening but has not completely turned strong yet. #
Early morning operation suggestion: Short Bitcoin near 97500 to 98000, target around 95600; Short Ethereum from 3250 to 3270, target around 3160, nephew BTC 99000 and ETH 3320 level. #BTC #ETH
Bitcoin/Ethereum white market layout again at 95500 and 3100-3130 pullback long position ideas, highlighting the important support lines at 94000 and 3050. The market pulled back to the low points of 94500 and 3068 to start the rebound, and as of now, it has reached a maximum of 97300 and around 3255, with a relatively large overall rebound. In the early morning, pay attention to the upper 98500 and 3300 short-term pressure, observing the pressure pullback, but if the subsequent pullback is not strong, the market will continue to rise.
#
In terms of K-line patterns, the daily level shows that the price rebounded significantly from the low points of 3060 and 94500 in the evening, forming a bullish candle with a lower shadow line, indicating that buying power has increased. In the 4-hour cycle, the price rebounded continuously after gaining support near 3150# and 96000, but the pressure at the upper 3300 and 98500 levels is obvious. In terms of technical indicators, the 4-hour MACD is below the zero axis, DIF and DEA are gradually converging, and the green bars are shortening, indicating that the bearish momentum is weakening but has not completely turned strong yet. #
Early morning operation suggestion: Short Bitcoin near 97500 to 98000, target around 95600; Short Ethereum from 3250 to 3270, target around 3160, nephew BTC 99000 and ETH 3320 level. #BTC #ETH