BCH11.10 Evening Layout Analysis:
Last time, Ethereum dropped about 10 points, missing the opportunity by 300 points, but now the market conditions suggest it's better to miss than to make a mistake. Let's cancel the orders for now and ambush the Crown Prince tonight.
$BCH The current 4-hour level has formed a double bottom structure at 494-488. The current breakout neckline is at the 505 area, with a maximum test of 522.24. The daily line shows a bottom engulfing pattern (November 7th's bullish candle engulfed the previous day's bearish candle), followed by consecutive daily gains. It's easy to get a quick pullback if chasing the market price. Considering SOL has already entered, only the final step is left to finish. For this time, I am bullish on the Crown Prince at the lower levels. Without further ado, let's get started; if you need to add positions, I will @ you.
BCH near 507-502 for long positions, additional position: to be determined in the comments.
First tier looks at 519-514.
Second tier looks at 533-528. Pattern level: 548.
