Trader Liang Qiu: 11.18 Bitcoin/Ethereum Trading Strategy with Market Analysis

CN
4 hours ago

Follow for more updates, earn millions. Hello everyone, I am analyst Liang Qiu. Here I share my views, hoping that every friend who follows can achieve good returns!

This is the first release on the public account. You can follow the public account Trader Liang Qiu, focusing on mainstream coin guidance and layout. The short position strategy for Bitcoin/Ethereum laid out yesterday afternoon aimed at 89000 and 3070. During the fluctuations and declines last night and early this morning, the market reached a low of 88730 and 3043, with all target points achieved. Currently, the market is fluctuating and rising, and as we enter Monday, a market change is imminent. Especially after Bitcoin's rise, the price remains high, with the lows continuously moving up and support also being raised. The market is expected to welcome a new round of increases, but currently, it is necessary to be prepared for any market changes, and adjustments should be made promptly if the trend changes.

In terms of Bitcoin's candlestick pattern, a long lower shadow appeared on the daily candlestick, indicating strong buying support. On the technical indicators, in the 4-hour MACD cycle, both DIF and DEA are negative but show signs of convergence, which may indicate a short-term rebound. Additionally, a large bullish candlestick on the daily chart has broken the short-term consolidation pattern, with support now at the 89000 to 90000 range. Future attention should be paid to the strength of this support level. The upper high reference is the previous high around 93500, but multiple high-level fluctuations also indicate a continuation pattern during the rise. As long as the support below does not break, the market still has the potential for new highs.

In terms of operations, enter long positions for Bitcoin around 90800 to 91200, targeting near 93000; for Ethereum, enter long positions around 3070 to 3100, targeting near 3200.

The post is effective, and specific guidance is based on real-time updates. Currently, the market conditions are relatively good, recommending altcoins like ORDI, LPT, SOL, and UNI for swing trading, with specific operations based on real-time guidance. For more strategies, please follow the public account: Trader Liang Qiu.

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