Crypto Circle Red Sister 11.19: Bitcoin 4H recovers golden cross, can the bulls turn the tide for a big rise? Today's latest market analysis and trading suggestions for Bitcoin (BTC)!

CN
3 hours ago

Red Sister in the Crypto Circle 11.19 (Writing time 1:27) Today's Bitcoin (BTC) market analysis and trading suggestions:

The current price of Bitcoin is around 93,300. After breaking below the 90,000 mark yesterday, the market rebounded to the current position. Currently, the K-line is near the intersection of the 1H upper track and MA60. In the short term, it may continue to face pressure from the MA90 and MA120 range. The KDJ three lines are close to overbought, and the RSI three lines show a slowing upward trend, which may face a short-term reversal. It is recommended to continue monitoring the support below at MA30 and the middle track, and to enter low positions if it does not break.

In the 4H chart, the BOLL three lines continue to move downward, with the lower track retracting above 90,000. Currently, the K-line faces pressure from the middle track, but both KDJ and RSI are sticking upward, and the green bars in MACD are increasing. The DIF and DEA have already crossed golden, indicating that there is still upward space. If it breaks the middle track and MA30 during the day, it can continue to see the high point near the 17th. Red Sister suggests focusing on low positions during pullbacks!

Sell Point: ≥95,500 light short, stop loss above 96,000; take profit at 94,000-93,000-92,000; if it breaks below 91,500, it can continue to hold.

Buy Point: ≤92,000 light long, stop loss below 91,000; take profit at 92,900-93,900-95,500. If it breaks above 96,000, it can continue to hold.

There may be delays in article review and push notifications. The above points are for reference only. Please grasp the timing of buying and selling yourself, and ensure proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading!

Thus, our journey in the crypto circle begins to move towards a broader new starting point, and it is by no means an endpoint, as the road is still long and must be walked step by step! The ocean of the crypto circle is vast and boundless, full of opportunities and challenges. I hope you will always maintain a thirst for knowledge and a spirit of exploration for the unknown in the days to come.

Remember, the crypto circle is not just about numbers and charts, but also about humanity, decision-making, and the art of the future. In investing, maintain rationality and calmness, do not be swayed by short-term fluctuations, and view the market with a long-term perspective. Keep learning and improve your professional skills. Knowledge in the financial field is constantly updating; only through continuous learning can you keep pace with the times and seize every opportunity. Be brave to try and innovate. Do not fear failure, as every failure is an opportunity for growth. In the world of the crypto circle, the brave often carve out their own territory. Finally, I wish you all shine on the stage of the crypto circle, realizing your value and dreams. Wherever you are, Red Sister cheers for you and looks forward to your wonderful performance. Red Sister wishes everyone smooth sailing on the road of the crypto circle, returning with a full load!

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