11.13 Bitcoin and Ethereum Intraday Market Analysis and Trading Suggestions

CN
4 hours ago

Intraday Analysis: From the daily and weekly charts, Bitcoin is currently in a significant downtrend. Technical signals also indicate a head and shoulders pattern and a bearish arrangement of moving averages, creating a strong bearish resonance that further reinforces the market's weak structure. Additionally, the extreme contraction in trading volume and the phenomenon of price-volume divergence suggest a lack of buying support in the current market, increasing the likelihood of further price declines. However, indicators on the 1-hour and 4-hour charts show signs of a potential intraday rebound, albeit with limited strength, which can be leveraged for short-term trading.

Ethereum's recent candlestick chart shows a trend of oscillating downward, with a large bullish candle appearing on November 9, followed by consecutive pullbacks. On November 12 and 13, there was a slight rebound, but overall it has not yet broken through the previous high resistance. Technical indicators such as MACD are all below the zero line, with the MACD histogram shortening, indicating that bearish momentum is weakening but has not yet turned strong. In the short term, looking at the 1-hour chart, a breakthrough at the resistance level of 3535 may lead to further gains.

Trading Suggestions: For Bitcoin, consider buying around the current price of 102000-101500, with a stop loss at 100700 and a target of 103600-104100. If it breaks through, look for a target of 105000-105500; if it does not break, consider shorting.

For Ethereum, consider buying around the current price of 3420-3400, with a stop loss at 3360 and a target of 3535-3500. If it breaks through, look for a target of 3580-3610; if it does not break, consider shorting.

This strategy is for reference only; please invest cautiously and secure profits.

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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink