11.21 market analysis

The currency price is currently fluctuating around 37,500. The overall fluctuations in the white market yesterday were not large, and the trading conditions fluctuated within a narrow range. It wasn't until the pin dipped in the evening that it quickly rebounded upward to the 37750 line. It failed to stand firm when it reached this line, but fell back above the mid-track under pressure and began to fluctuate and repair.

Judging from the hourly chart, after the currency price retraced last night, a big positive line also quickly rose up. The bulls were strongly exploring the highs. Every time it retraced to the middle rail, it clicked until it reached the middle rail. The middle rail also served as a long position. The lifeline, relying on the middle rail, remains strong for bulls, so our overall direction remains bullish.

At the four-hour level, the current overall trend is still upward. Yesterday, the needle was inserted downward twice to lengthen the lower shadow line. However, the currency price still failed to break through the middle track. Instead, it moved upward after the downward pin was inserted. Consolidation near the track. The Bollinger Bands open upward, and the currency price is on the upper track and fluctuating at a high level; the KDJ three lines are upward; the MACD bullish energy column is gaining momentum and shrinking. In the short term, the market may continue to fluctuate and consolidate and move higher. The lower support continues to move upward, indicating that the bullish trend is still obvious. Today's operations are mainly low and long.

Big pie: more around 37200-37400, target 37800

Ethereum: More around 2005-2015, target 2080