Martin: Market Analysis on November 16th and Strategy for November 17th

CN
11 months ago

ETH Strategy Analysis:

Short-term 4-hour ETH market retraced to the 1920 level on November 15th and then turned upwards. Today, the market fell below 2100 and found support at the BOLL midline. The KDJ indicator's three lines crossed downwards at the 78 axis, and the MACD indicator's red solid kinetic energy column decreased. In the short term, attention should be paid to the support level at 2035. On the daily chart, the candlestick on November 14th showed a downward pin bar, on November 15th it showed a solid bullish candle, and on November 16th it showed a doji bearish candle. The KDJ indicator's three lines turned upwards, and the MACD indicator's red solid kinetic energy column decreased, with both lines slightly turning downwards. In summary, the current market rapidly rose after a dip, showing signs of attracting buyers. The market still has a trend of further upward movement, so it is recommended to focus on long positions.

Martin's Daily Strategy:

ETH Trading Suggestions:

Enter long positions at 2035-2017

Enter short positions at 2154-2176

BTC Trading Suggestions:

Enter long positions at 36360-36680

Enter short positions at 38460-38210

Martin's Daily Strategy

Not flamboyant, not dragging, not grandiloquent, only positions! Welcome to scan the QR code to follow the public account "Martin's Daily Strategy".

Martin's Daily Strategy

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