Analysis and operation suggestions of Ethereum and Bitcoin market on November 15th! !
Market analysis:
The price of Ethereum at the 4-hour level fluctuated between 3200 and 3300, forming a shock consolidation pattern. A long upper shadow line appeared on November 13, indicating heavy selling pressure from above. The current DIF and DEA of MACD are both negative, but there are signs of convergence, which may indicate the end of a short-term rebound or adjustment. At present, RSI is in the neutral area (48.62) and has not entered the overbought or oversold area, indicating that the market has no extreme sentiment for the time being. EMA7 (3170) is slightly higher than the current price, EMA30 (3157) is close to the current price, EMA120 (2863) is far below the current price, and the 1-hour level RSI three lines gradually extend downward, which is in line with the typical callback characteristics. At present, the short position of the long and short energy column has been reduced, the short-term trend is weak, but the long-term pattern remains bullish. The market outlook is still recommended to operate long orders in the callback! !
Ethereum layout point:
3060-3110 layout long orders
Take profit target: 3280-3350
Stop loss: 3020
Pie layout point:
87500-88200 layout long orders
Take profit: 91500-92800
Stop loss: 86800
There is no road in the world, but more people walk and it becomes a road. More people walk and the road becomes difficult to walk. After ten years of wind and rain, I have seen too much in this market. The bold ones left first, the stubborn ones left angrily, and the smart ones were shy in the end. In the end, those who walked slowly and steadily were left. Everyone came to the market to make a profit, but too many people were swayed by emotions, unwilling to regret and tried to defeat the market. In fact, trading is just a microcosm of business. It is also about understanding the human relations of the market, being respectful and humble, and cultivating the mind.
Real analysis: btc08010
