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Yueying: 11.13 Bitcoin Ethereum market analysis for today. Will there be another bull trap plummet tonight? I see a rise breakthrough.



I am Zhou Yueying, and let's see today's sharing!

Bitcoin Technical Analysis————

The resistance level given in the previous article is around 105000, and the support level is around 100500. The short-term strategy is accurate; although slightly aggressive, it still meets expectations, with gains on both long and short sides. From a daily perspective, after the previous candlestick tested support and closed bearish, there was no continuation. The market opened with a rebound and is currently testing the 7-day moving average. The Bollinger Bands continue to remain open, with short-term moving averages under pressure. The MACD fast and slow lines show signs of turning upwards, with the volume bars shrinking again. The KDJ has received support after turning and is moving upwards again, while the VR indicator is consolidating around the 70 value. Looking at the four-hour chart, after the large bearish plummet last night, support was found at the lower band, leading to consecutive bullish rebounds. Currently, it is testing the middle band and the 60-day moving average. The Bollinger Bands are in a contracted state, with short-term moving averages turning upwards. The MACD fast and slow lines have broken below the 0 axis and show signs of turning, with volume bars decreasing. The KDJ crosses and extends upwards while the VR indicator is consolidating around the 110 value. Overall, yesterday's market experienced a rebound followed by another plummet, resembling a roller coaster. Therefore, the short-term strategy should still treat the large range accordingly. The breaks above and below are merely false breaks. Hence, short-term operations should avoid chasing. The short-term resistance to watch above is around 105000, followed by 107000. The support below is around 102000, suggesting a short-term approach.

Bitcoin short-term suggestion: short at 104800 (short at 106900), long at 102500 (strategy activated, profit to be taken at your discretion)

Mistress Technical Analysis————

Although the short strategy mentioned above is quite aggressive, reasonable planning can still yield good results. The long position at 3350 did not execute, and the market gave a rebound to 3370, but the overall idea of Yueying is correct. The overall technical aspect is linked with Bitcoin, and today I am more optimistic about the possibility of a surge from Yitai to test the previous high. Therefore, the short-term support to watch is around 3500. Although there is resistance above at around 3650, today Yueying is a bit bold in viewing the resistance break, and is looking at the resistance below around 3780, considering short-term suggestions.

Auntie's short-term advice: Sell at 3750, Buy at 3508 (Manage your profits as the strategy activates)

——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 communicate together and profit together! #BTC #ETH
ADA-9.92%
SOL-8.68%
XRP-7.16%
ETH-7%
BTC-5.62%
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