Friday, November 5th, Breakout Upwards, Continuing to be Bullish

After days of oscillation, a breakout was finally achieved last night.

Recently, we have been maintaining a bullish outlook, and the market has indeed welcomed an uptrend.

The bullish target of 96,000 yesterday also resulted in a 2,600 increase.

The range structure has broken, and the operation should continue to hold a low long position.

On the daily chart, the upward trend still persists. After continuous oscillation, a strong bullish close has been achieved. The moving averages and technical indicators all show a good upward pattern, so the main trend remains bullish. After several days of oscillation, the price has finally moved upwards on the 4-hour chart. The market has broken out, with the Bollinger Bands opening upwards. Similarly, the moving averages are following the price upwards, which will lead to a continuation of the bullish trend. Therefore, one can participate in the uptrend by following the momentum.

On Friday morning, it is recommended to go long on Bitcoin around 96,000-95,800, with a target of 98,000-99,000.

On Friday morning, it is recommended to go long on Ethereum around 1,820-1,800, with a target of 1,900-2,000.