November 12 Evening Outlook

The 4-hour level is dominated by bullish candles, after rising to the resistance level around 105,000, it has retreated and is now oscillating near 104,800; the Bollinger Bands are in a converging state, and the short-term rhythm of switching between bullish and bearish will slow down.

The 1-hour level shows a three consecutive bullish candles in a stair-step upward movement, with the price operating above the upper Bollinger Band, but the K-line body is relatively small, and the upper shadow is significant; although the Bollinger Bands are expanding, there are signs of consolidation, and it may enter a narrow correction phase in the short term.

Trading Suggestions

Bitcoin: Range 106,500-107,500, Target 102,000-104,500

Altcoin: Range 3,600-3,700, Target 3,200-3,500

(Personal views are for reference only, everything is subject to actual trading!)

Official Account👇

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。