Yueying: 11.6 Bitcoin Ethereum today's market analysis daily chart double long wick candle can strong return?
I am Zhou Yueying, and let's take a look at today's sharing!
Bitcoin Technical Analysis————
The large pie chart shows that there is around 1800 dollars of space after going short at 104500, and on the daily chart, the previous K-line formed a double long wick candle at the bottom, rebounding above the lower track. During the day, the market opened and retested the lower track area again. The Bollinger Bands are widening, and the short-term moving averages are trending downwards. The MACD fast and slow lines are extending downward, with the volume bars continuously increasing. The KDJ is getting support and turning upwards, while the VR indicator is consolidating around the 60 value. On the four-hour chart, after breaking through the 7-day moving average, the price faced resistance around the middle track and is currently testing the 7-day moving average area again. The Bollinger Bands are running downwards with signs of contraction; the short-term moving averages are turning upwards, and the MACD fast and slow lines are crossing upwards, with the volume bars continuing to increase. The KDJ is facing resistance near the 100 value and is turning downwards, while the VR indicator is consolidating around the 100 value. Overall, the market has stopped falling and rebounded, but the pressure from above still exists. A complete reversal will still require some time; therefore, treat it as a short-term range during the day. The upper resistance to watch is around 105000, while support continues to be focused above 100000, looking at short-term suggestions.
Bitcoin short-term suggestion: sell at 104200, buy at 100800 (strategy activation has profits, take control yourself)
Auntie's Technical Analysis————
The auntie encountered resistance and retreated around 3480. Overall, the technical indicators are linked to Bitcoin for reference. For intraday trading, short-term resistance is focused on the area below 3500, while support is around 3200. For short-term trading, consider high selling and low buying within this range, and watch for short-term advice.
Auntie's short-term advice: Sell at 3450, Buy at 3260 (activate the strategy and manage profits yourself)
——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! Let's exchange ideas and profit together!