Morning Outlook on November 17

From a short-term technical perspective and market sentiment, Bitcoin shows a certain bullish trend. The MACD golden cross pattern has been established, and the green bars continue to shrink, indicating a decline in momentum, with the short-term rebound trend entering a critical phase of development. At the same time, the middle band of the Bollinger Bands provides effective support, and after the price rebounds, it operates between the middle and upper bands. The narrow fluctuations are gradually breaking the balance between bulls and bears, showing some upward momentum.

Ethereum has entered a steady upward channel, with the price candlestick rebounding along the lower channel and hitting the upper channel. Recently, it has accelerated and broken through the upper channel, indicating the start of a major upward wave. The short-term, medium-term, and long-term moving averages show a "bullish arrangement."

Trading Suggestions:

Bitcoin: 93,500-94,500 bullish, target 95,500-98,500

Ethereum: 3,030-3,130 bullish, 3,160-3,350

(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。