11.18 Bitcoin and Ethereum Market Trend Analysis and Trading Suggestions!

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允彦
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3 hours ago

Trading Philosophy: Look at the trend in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the weekly chart has closed with a bullish candle again, the Bollinger Bands continue to open upwards, the MACD and KDJ lines are both trending upwards, and bullish volume continues to increase. On the daily chart, the weekend saw a slight pullback with two consecutive small bearish candles, the Bollinger Bands continue to open upwards, the MACD line has started to rise, bullish volume is decreasing, and the KDJ line is trending upwards again. On the 4-hour chart, the Bollinger Bands are narrowing, and the market has been consolidating at a high level, the MACD line continues to trend downwards, bearish volume is starting to decrease, and the KDJ line is diverging upwards;

For Ethereum, the weekly chart has closed with an upward pin bar, indicating signs of the Bollinger Bands opening upwards, the MACD line is trending upwards, bullish volume continues to increase, and the KDJ line is gently trending upwards. On the daily chart, it closed with a bearish candle, the Bollinger Bands continue to open upwards, the MACD line has started to decline, bullish volume continues to decrease, and the KDJ line has started to trend downwards. On the 4-hour chart, the Bollinger Bands have started to flatten, the MACD line is running parallel, bullish volume is slightly increasing, and the KDJ line is trending upwards;

In summary, the overall market trend remains strong, with not much pullback, mainly characterized by range-bound fluctuations. Future operations are recommended to sell high and buy low, and to follow the trend once it breaks out of the range!

Operation Suggestions: Sell high and buy low!

Short Bitcoin in the 92000-92500 range, target 91000-90000, stop loss at 93500;

Long Bitcoin in the 88500-89000 range, target 91000-92000, stop loss at 87800;

Short Ethereum in the 3180-3200 range, target 3100-3050, stop loss at 3230;

Long Ethereum in the 3000-3030 range, target 3100-3150, stop loss at 2980;

Strategies are time-sensitive, please refer to private real-time guidance for specifics!

Follow the WeChat public account Yunyan!

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