Shanhe Brother's Currency Analysis: The summary of the day and the midnight thoughts for November 28th have been updated. The bulls are currently in a strong position with increasing volume, and the m

CN
1 year ago

Shanhe Brother's Currency Analysis: On November 28th, the summary of the day and the midnight thoughts have been updated. The bulls are currently in a strong volume, and the continuation of the bulls is expected at midnight.

During the long wait, the intraday market rose slowly with a consolidating trend, and gradually reached the target area as expected in the evening. The highest point for Bitcoin reached around 37570, and Ethereum reached around 2042. In the early morning, after the long positions for Bitcoin and Ethereum gained around 560 and 40 points respectively, they have been waiting for the price to pull back. In the afternoon, the long positions set near 36990 and 2004 also rose as expected in the evening, with Bitcoin gaining around 400 points and Ethereum gaining around 30 points. Today, Bitcoin gained approximately 1000 points intraday, and Ethereum gained around 70 points. In this fluctuating market, our achievements can be described as reaching the extreme.

Looking at the four-hour chart, there are signs of the price bottoming out. After the decline, the bears did not stabilize and showed signs of weakness. The downward space has basically retraced, and the bulls are gathering strength to move upwards. There have been three consecutive bullish candlesticks, and the solid bodies with multiple lower shadows indicate strong and effective support below, signaling the trend of a bullish rebound. Looking at the hourly chart, the bearish energy has basically diminished as the price rebounds, and the bullish energy has started to increase. The KDJ indicator has turned upwards, and the upward channel has opened. On the short-term chart, the bulls are continuously rising, showing no signs of weakness, and the price is expected to reach a new high. The bullish energy is gradually increasing, and the momentum is strong, so we can expect the continuation of the bullish trend at midnight.

At midnight, it is recommended to go long directly near 37500 for Bitcoin, with a target of 38000. For Ethereum, it is recommended to go long directly at 2030-2035, with a target of 2090.

Whether you are a novice or an experienced trader struggling in the market, or seeking stable profit-making methods, or feeling confused about long-term, medium-term, and short-term investments, you can find guidance from me to improve your practical trading skills and survive in the market in the long run.

You can follow the public account: Shanhe Brother's Currency Analysis. Real-time guidance and beneficial strategies.

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