Analyst Chen Shu: Bitcoin and Ethereum Market Strategy for November 30th
On November 29th, the analysis provided a long position strategy at 9.53/3520. The long position could have been entered with a slight difference, followed by a short position strategy at 9.8/9.88. The price rebounded to a high of 9.86 before retracing to around 9.62. The long and short strategies were correct, and those who followed could have made a profit. Currently, with the price above 9.6, please see the following analysis for further operations.
From the daily chart, Bitcoin closed with a small bullish candle yesterday, and the price has once again risen above the MA5/10-day moving averages. The previous weak retracement trend has shifted back to a consolidation phase. Continue to pay attention to the gains and losses of the daily MA5/10-day moving averages. On the 4-hour chart, after a slight rebound above the moving averages yesterday, the price has retraced slightly today to the 4-hour MA60-day moving average. The 1-hour level is still oscillating around the MA256-day moving average. If it touches this line again, it is still advisable to try a small long position to see a rebound, paying attention to the support and loss of this line.
From the daily chart, Ethereum closed with a doji yesterday and is now facing an opportunity to break above the 3700 high. The upward trend at the daily level is evident, and after a retracement to the MA5-day moving average, continue to wait for a buying opportunity on the pullback. At the 4-hour level, it has maintained above the MA5/10-day moving averages, and it is recommended to go long on a pullback to this line.
Afternoon Operation Strategy (Written at 15:30):
BTC: Light long near 9.63/9.53, target above 9.8; light short at 9.9/9.88, target near 9.6.
ETH: Long near 3645/3600, target above 3700; short positions should follow Bitcoin synchronously.
Medium to Long-term Trend: Bitcoin maintains an upward oscillation trend as long as it does not completely lose the 1-hour MA256-day moving average (9.6). A false break does not count. Ethereum looks to continue its short-term rebound, showing strong short-term performance, with the potential to test the 4000 USD mark.
The daily analysis strategy has a very high win rate! Analysis is not easy, and I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below; I will reply to each one!
For real-time market strategy discussions and inquiries about market issues, you can follow me, the top-ranked personal KOL in the original (Coin World), for free guidance and answers to trading questions. Everyone is welcome to communicate and exchange ideas!
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
