Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be overly anxious. Even if there are short-term losses, there is nothing to fear. As long as the subsequent direction is chosen correctly, what has been lost will eventually return. However, it is important to grasp the timing of trades and the current market trends to improve the win rate. At the same time, investing is also a process of growth. Mr. Coin advises all cryptocurrency friends to learn while trading, summarizing both gains and losses in a timely manner to deepen their understanding of risks and to plan the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

11.19 Bitcoin Market Analysis Reference

Bitcoin maintained a downward trend yesterday, consolidating back and forth in a low range, with support moving down to around 93,500. Looking at the short-term four-hour chart, the current price rebound has reached the middle track resistance but has not broken upward again. A pullback has already occurred under pressure, and if the rebound cannot continue for a long time, there is a risk that the daily gains may be swallowed again once the bullish momentum is exhausted. Although the price has rebounded, it has not broken through the resistance area, and the bullish strength is gradually weakening. Additionally, the five-day and ten-day moving averages are starting to flatten, and the upward momentum of the MACD and Stoch indicators is weakening, showing signs of convergence. Therefore, it is expected that the weak oscillation pattern will continue, and there is still a risk of price retracement to lower support during the day. I hope all cryptocurrency friends are well-prepared.

11.19 Bitcoin Short-term Trading Strategy Reference:

Short position entry point 93,500-94,500, stop loss at 99,500, target below 95,800, stop loss: 500.

Long position entry point 90,000-89,000, stop loss 500, defend at 82,000, target above 91,300.

There may be a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high the judgment and grasp of the market are, stop-loss and take-profit must be well managed. Secure your profits, and for more real-time trading strategies daily, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin Discusses Cryptocurrency) to get the addition method: the first ten each day can receive free exit strategies.

For more real-time trades daily, you can follow the public account (Mr. Coin Discusses Cryptocurrency) to access online market technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied extensively in the U.S. to mainly analyze and guide BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. For those who are not familiar with trading, you are welcome to study and learn together.

Exclusive views, there may be a delay in sending the article, risks are self-borne, and it is important to control positions reasonably. Do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep pushing. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your current self. We live authentically, but not every data revelation needs to be taken too seriously. Let the past be the past, and let the future come quickly! Take good care of yourself, sharpen your skills, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin from the cryptocurrency community, refusing to plagiarize and respecting originality!

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