Crypto world Hongjie 11.26: Bitcoin daily chart closes failed, is there still hope for long order? Today's latest Bitcoin (BTC) market analysis and trading suggestions!
#反弹币种推荐 #加密市场回暖 #比特币行情观察 $BTC $ETH The current price of Bitcoin is around 87000. The intraday market for Bitcoin rebounded and attempted to break above 89000, forming a pullback again. Currently, the K-line is at the mid-position of the 4H chart, testing the MA30 support for the second time, which forms a bullish upward channel with gradually rising lows and highs. For the upper side during the day, continue to pay attention to the closing point of the BOLL upper band. If it breaks through the MA60 and EMA60 dual resistance, it can continue to rise. Although the market has retreated, there has not been a strong contraction process in the MACD, and the convergence of DIF and DEA shows insufficient strength. Therefore, Hongjie believes that it is still possible to maintain a low long position!
In the 1H chart, the candlestick forms support and rebounds in the range between MA120 and MA90, which can continue to be referred to as the first entry point for the day. The KDJ, after a downward consolidation, has turned upward again, and the three lines of the RSI are turning upward from a low position, indicating that there is still space above to extend. However, the upper Bollinger Band has already contracted below yesterday's high, so further observation is needed during the day to see if it can rise again. If it cannot break through, it will still form a slight fluctuation, and then consideration can be given to entering a short position!
Selling point share: ≥88800 light short, stop loss above 89800. Take profit at 87700-86700-86000, if it breaks 85500, it can continue to hold.
Buying point sharing: ≤86000 light long order, stop loss below 85000. Take profit at 86800-87700-88700, if it breaks 88900-89300, you can continue to hold until around 91000.
There is a delay in article review notifications. The above points are for reference only. Please grasp the timing of buying and selling yourself. When entering the market, please take precautions and avoid heavy positions! Thank you for reading!
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Crypto world Hongjie 11.26: Bitcoin daily chart closes failed, is there still hope for long order? Today's latest Bitcoin (BTC) market analysis and trading suggestions!
#反弹币种推荐 #加密市场回暖 #比特币行情观察 $BTC $ETH
The current price of Bitcoin is around 87000. The intraday market for Bitcoin rebounded and attempted to break above 89000, forming a pullback again. Currently, the K-line is at the mid-position of the 4H chart, testing the MA30 support for the second time, which forms a bullish upward channel with gradually rising lows and highs. For the upper side during the day, continue to pay attention to the closing point of the BOLL upper band. If it breaks through the MA60 and EMA60 dual resistance, it can continue to rise. Although the market has retreated, there has not been a strong contraction process in the MACD, and the convergence of DIF and DEA shows insufficient strength. Therefore, Hongjie believes that it is still possible to maintain a low long position!
In the 1H chart, the candlestick forms support and rebounds in the range between MA120 and MA90, which can continue to be referred to as the first entry point for the day. The KDJ, after a downward consolidation, has turned upward again, and the three lines of the RSI are turning upward from a low position, indicating that there is still space above to extend. However, the upper Bollinger Band has already contracted below yesterday's high, so further observation is needed during the day to see if it can rise again. If it cannot break through, it will still form a slight fluctuation, and then consideration can be given to entering a short position!
Selling point share: ≥88800 light short, stop loss above 89800. Take profit at 87700-86700-86000, if it breaks 85500, it can continue to hold.
Buying point sharing: ≤86000 light long order, stop loss below 85000. Take profit at 86800-87700-88700, if it breaks 88900-89300, you can continue to hold until around 91000.
There is a delay in article review notifications. The above points are for reference only. Please grasp the timing of buying and selling yourself. When entering the market, please take precautions and avoid heavy positions! Thank you for reading!