11.29 Bitcoin and Ethereum Market Analysis and Trading Suggestions

CN
3 hours ago

From the daily chart, Bitcoin shows a rebound trend. Whether the resistance level at 92,000 can be effectively broken remains to be confirmed. Currently, the price's bottom and top are gradually rising, and a bullish trend is forming with a short-term golden cross of the moving averages. Similarly, the 4-hour chart shows that the lows are gradually moving up, but trading volume is shrinking, and a small pullback may occur during the day.

Ethereum reached a high of around 3,100 yesterday and has been consolidating at a high level near the EMA15 moving average for three consecutive days. The daily Bollinger Bands are slowly narrowing and turning upward. The MACD is increasing above the zero line, but the 1-hour chart shows a short-term downward trend, with the MACD histogram remaining negative and the fast and slow lines moving downward, indicating a short-term bearish advantage.

For Bitcoin, it is recommended to enter long positions around 88,800-88,300 during a pullback, targeting around 91,600-92,500.

For Ethereum, it is recommended to enter long positions around 2,990-2,960, targeting around 3,030-3,050.

The market is ever-changing, and these strategies are for reference only. Please set stop-loss and take-profit levels appropriately. For specifics, feel free to message me at Q: 1284283739.

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