Bitcoin Market Analysis and Trading Suggestions on November 15 (Written at 1:19 AM)
The current price of Bitcoin (BTC) is around 97,000. In the early hours of yesterday, the market broke below the low points of 5-7 and fell below 95,000. The market has warmed up in the evening, and the current K-line is near the lower middle track of the 1H chart. The MACD has shown an increase in the green bars again, and the DIF and DEA have successfully converged to form a golden cross. The KDJ three lines are moving upwards, approaching 92 but have not yet entered the overbought zone. The RSI three lines are in the neutral zone and moving upwards. I believe there is still room for a short-term rebound, and we can continue to pay attention to the resistance in the middle track and the EMA30 range. On the downside, if the support at 95,200 holds, we can go long! If it breaks, we can try to go long near the dual support of the 2-day MA240 and EMA250 around 93,500!
The 4H downward channel has not changed, and the BOLL three lines continue to press down. The lower track is still moving down towards the intraday low. My strategy remains focused on shorting during rebounds. We can pay attention to the resistance in the EMA7-EMA10 range and reserve the middle track as a defensive position for additional purchases. The MACD shows a tendency for the red bars to shrink, and the DIF and DEA are converging. The KDJ three lines are forming a bottom and are likely to move upwards, and the RSI three lines are also in an upward formation. We need to continue monitoring the possibility of overbought conditions in the short-term 1-hour chart and adjust the entry points for short positions based on the 4H convergence strength.
Sell Points: ≥98,400 light short, add positions above 100,000, stop loss at 110,000; take profit at 97,500-96,400-95,300; if it breaks below 95,000, we can continue to hold.
Buy Points: ≤95,300 light long, stop loss below 94,550; take profit at 96,500-97,400-98,300. If it breaks above 98,500-99,000, we can continue to hold.
The article review and push have delays; the above points are for reference only. Please grasp the timing of buying and selling yourself, and ensure proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading!
Thus, our journey in the cryptocurrency world begins to move towards a broader new starting point, and it is by no means an endpoint, as the road is still long and must be walked step by step! The ocean of cryptocurrency is vast and boundless, filled with opportunities and challenges. I hope you will always maintain a thirst for knowledge and a spirit of exploration in the days to come.
Remember, the cryptocurrency world is not just about numbers and charts; it is an art about humanity, decision-making, and the future. In investing, maintain rationality and calmness, do not be swayed by short-term fluctuations, and view the market with a long-term perspective. Keep learning and enhance your professional skills. Knowledge in the financial field is constantly updating; only through continuous learning can you keep pace with the times and seize every opportunity. Be brave to try and innovate. Do not fear failure, as every failure is an opportunity for growth. In the world of cryptocurrency, the brave often carve out their own territory. Finally, I wish you all shine on the stage of cryptocurrency, realizing your value and dreams. No matter when and where, I am cheering for you and looking forward to your wonderful performance. I wish everyone smooth sailing on the cryptocurrency journey and a bountiful return!
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。
