Come come come, today Li Feng will first discuss the major events that we small investors believe are worth paying attention to. Tomorrow marks the decisive moment of the 2024 U.S. presidential election, with the results set to be announced at 6 PM Beijing time. Currently, Harris and Trump are each holding 49% support, and the swing states are really unpredictable, making the election situation quite dazzling. Until the election results are in, we must ensure strong defensive measures in our operations.

Yesterday morning, I also mentioned in my article that the short-term trend would first stretch before pulling back to the 66500-67500 range, and as expected, it pulled back to a low of 66835 before rebounding.

Looking at today, the opening price on the 4-hour chart has rebounded as expected from the EMA160 support to the current middle band and EMA7 position. The upper Bollinger Band is rising, and so is the lower band. The EMA moving averages are still in a bullish arrangement, just as Li Hui said, it is merely a pullback on a shorter timeframe, especially not to chase shorts before the election; therefore, the current upper pressure also needs to consider the EMA30 and EMA60 and the upper band range pressure, which aligns with the upper pressure on the 1-hour chart; the MACD is once again reducing volume below the 0 axis, approaching the 0 axis position. The DIF and DEA, after failing to converge yesterday, are testing convergence again today; we should watch for the potential formation of a golden cross. Once formed, 69200 will no longer be a pressure point; if it pulls back to 68000 to the middle band support, we can look to enter long positions.

Reference suggestions

Buy near the pullback at 68200, add at 67500, defend at 66800, with a target upward at 69800, and a breakout target at 71500#美国大选后涨或跌？ #11月市场预测 #BTC☀